Since the SEC's involvement at side Binance(BNB)/coinbase, Bitcoin's technical outlook has been impacted. The key question remains whether BTC will retest the $23,000 level, as indicated by the technical view.
This is precisely what we will be monitoring in the near future.
BTC currently appears to be in a bearish phase, with the potential for further downward movement until it reaches the crucial retest zone at $23,000.
Always remember to conduct thorough research, as there are no guarantees in the crypto market.
This is precisely what we will be monitoring in the near future.
BTC currently appears to be in a bearish phase, with the potential for further downward movement until it reaches the crucial retest zone at $23,000.
Always remember to conduct thorough research, as there are no guarantees in the crypto market.
Note
23K is still a high possibility that BTC can breakdown in the coming time.
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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.
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.