A 1% Gain For Bitcoin Today Would Be A Big Victory For The Bulls
As of this writing BTCUSD is down about 1% on the day. A recovery plus an extra 1% gain to close the day would help signal positive momentum to short-term traders and bots.
Staying above the $10,500 level (blue horizontal) is important for market confidence.
SparksterSignals backtesting is not yet indicating strong entry positions while the market digests recent volatility and finds its footing.
Check out the backtesting tool via the links below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Staying above the $10,500 level (blue horizontal) is important for market confidence.
SparksterSignals backtesting is not yet indicating strong entry positions while the market digests recent volatility and finds its footing.
Check out the backtesting tool via the links below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.