Selling pressure is still very high but bulls did manage to close two previous daily candle in green. The price is now moving in the upward channel toward new ATH, BUT not for some times I think. We still need stronger momentum to be able through 52-54k resistance area and on 57-60 is still another strong resistance.
A few interesting weeks are ahead of us folks! Don't forget to DCA in & out your investments and as always don't short BTC!
NFA, DYOR.
A few interesting weeks are ahead of us folks! Don't forget to DCA in & out your investments and as always don't short BTC!
NFA, DYOR.
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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.