$BTC Analysis after Spot Bitcoin ETF Approval
- The white resistance zone has been flipped into support
- There is very strong resistance in the red resistance zone ($46,270 to $48,264)
- The light blue trendline is my strongest resistance target around 49.1k
- There has been a brief pump up to the light blue trendline and a strong rejection down that resulted in a long wick back down
- Bitcoin is currently trying to flip the lower end of the red resistance zone into support at $46,270
- There is very strong resistance in the red resistance zone ($46,270 to $48,264)
- The light blue trendline is my strongest resistance target around 49.1k
- There has been a brief pump up to the light blue trendline and a strong rejection down that resulted in a long wick back down
- Bitcoin is currently trying to flip the lower end of the red resistance zone into support at $46,270
Want more of my content?
Check out my YouTube and Twitter updates across all financial markets
Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
Links👇
Check out my YouTube and Twitter updates across all financial markets
Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
Links👇
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.