The Bears don't have enough strength to send Bitcoin under $ 11K
For the last seven days, it looked like a swing on a bitcoin, but in the end the bulls turned market in their favor and the phase of accumulation before the attack on $ 12K persists.This is mainly confirmed by the fact that the bulls defended 2 attempts to reverse the price and did not allow it to go lower than $ 11,117 (binance).
The support in the area of 11k dollars has thus been confirmed on the market, and currently the price is already rising towards 12K dollars.
Technical analysis:
Current support at $ 11K
2x support confirmation for $ 11K
Major resistance at $ 12K
MACD neutral
RSI approaches the area overbought on hourly time frames, 1D is neutral
The support in the area of 11k dollars has thus been confirmed on the market, and currently the price is already rising towards 12K dollars.
Technical analysis:
Current support at $ 11K
2x support confirmation for $ 11K
Major resistance at $ 12K
MACD neutral
RSI approaches the area overbought on hourly time frames, 1D is neutral
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