#BTCUSDT 4H
After Bitcoin hit its resistance trend line at $70,600, we rejected from this area and the price decreased to 67,500. As long as the daily candle closes in the same range, the possibility of correction to the bottom of the box, i.e., the price of 66,600, and below that, 65,300, becomes more colorful. For the bullish scenario It should reach above 70,000 dollars and stabilize after hitting the support and redrawn trend line.
#Bitcoin
#BITCOIN
#CRYPTO
#ETH
After Bitcoin hit its resistance trend line at $70,600, we rejected from this area and the price decreased to 67,500. As long as the daily candle closes in the same range, the possibility of correction to the bottom of the box, i.e., the price of 66,600, and below that, 65,300, becomes more colorful. For the bullish scenario It should reach above 70,000 dollars and stabilize after hitting the support and redrawn trend line.
#Bitcoin
#BITCOIN
#CRYPTO
#ETH
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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.