Bitcoin: Thoughts and Analysis
Today's focus: Bitcoin
Pattern – Range test
Support – 25,600 – 25,280
Resistance – 26,080 – 27,630
Today, we have run over Bitcoin. We have broken down current price action with our thoughts on what we see over the longer-term and short-term price structure.
Sellers continue to push at buyers in the short term after buyers made a quick push higher last week, and industry news continues to dominate momentum, with the USD not having such a big impact at present. Will we see buyers continue to hold consolidation and support, or could we see a new move by sellers making a new test lower?
Have a great day and good trading.
Pattern – Range test
Support – 25,600 – 25,280
Resistance – 26,080 – 27,630
Today, we have run over Bitcoin. We have broken down current price action with our thoughts on what we see over the longer-term and short-term price structure.
Sellers continue to push at buyers in the short term after buyers made a quick push higher last week, and industry news continues to dominate momentum, with the USD not having such a big impact at present. Will we see buyers continue to hold consolidation and support, or could we see a new move by sellers making a new test lower?
Have a great day and good trading.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.