almatynul35951
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Joined Sep 7, 2021
supportandresistance
trendanalysis
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Double top formed today above $20... Risk of long squeeze. Could get back to $15.
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BTC has not yet cleared the 31k$ resistance. Until further really good news, it is likely that it will not clear it. A really good news would be the approval of Bitcoin ETF by the SEC. However, nothing is done yet.
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Despite the recent surge, BCH has struggled to consolidate its gains above the crucial $300 level. This resistance poses a significant threat, as it suggests a lack of confidence and buying pressure to sustain BCH's upward momentum. If the support is not solidified soon, a retracement to lower levels becomes increasingly likely.
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