Bitcoin is currently trading under 45k to 49k range.
While the institutions are trying to grab as much BTC and ETH as they can there is a fight between the bulls and the bears that we have been watching since few weeks.
All those lower wicks are the buying pressures and the ones on the upper side are the selling pressure from the bears.
I expect BTC to hold for now and get back to $48,000.
Close below $44130 will invalidate this chart.
Stay tuned,
More frequent updates will be posted
Do hit the like button and share your views in the comment section
#PEACE
While the institutions are trying to grab as much BTC and ETH as they can there is a fight between the bulls and the bears that we have been watching since few weeks.
All those lower wicks are the buying pressures and the ones on the upper side are the selling pressure from the bears.
I expect BTC to hold for now and get back to $48,000.
Close below $44130 will invalidate this chart.
Stay tuned,
More frequent updates will be posted
Do hit the like button and share your views in the comment section
#PEACE
Note
BTCUSD : 4 hour chart closes in approx 2 hours and 15 mins. The good thing is we just touched the 21D MA and bounced right back. If we mainting the same till the close BTC could retrace back to the upper channel resistance around 49k.
Let's wait for the candle to close.
All USDT pair altcoins will follow BTC so better to watch BTC now.
Stay tuned
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.