BTCUSDT
BTC had 1 Month support line all of June during it's downtrend.
This broke down last week causing a drop to 58k.
It has now re-flipped right at the monthly close.
Bears had to turn into resistance for us to breakdown.
It's bullish now with 33B in short liquidation above us.
This broke down last week causing a drop to 58k.
It has now re-flipped right at the monthly close.
Bears had to turn into resistance for us to breakdown.
It's bullish now with 33B in short liquidation above us.
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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.