BitcoinLong
RACEACEACE #BITCOIN EYES ON 9544 NEXT WITH 10.1K POTENTIAL
The bulls have done a good job defending the price from the bears. The price is gaining support at 8945. A success in flipping 8945 to support would be confirmed by a move above 9100. I believe the price is likely headed to 9544 from here. On the daily chart, the price has been consolidating and I believe it is now ready for a move up. Blowing past 9544, would, in my opinion send the price to 10183. The daily chart has nothing in the way stopping it if it wants to take off.
Support: 8538
Resistance: 8945, 9100, 9220, 9544, 9837, 10183
This is my overall view of the current BItcoin price. I will use this as confluence for entering any lower timeframe trades. I am currently in a swing long trade.
Support: 8538
Resistance: 8945, 9100, 9220, 9544, 9837, 10183
This is my overall view of the current BItcoin price. I will use this as confluence for entering any lower timeframe trades. I am currently in a swing long trade.
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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.