BTCUSD
My first analysis here on Trading view. At the moment it is a tug of war. No clear indication of where things are headed.
On the bullish side, Bitcoin has maintained at the 9500 USD price level which is crucial to sustain a bull run. The crash that happened yesterday from my view is a healthy upside movement which must occur before rocket boosters are attached.
We are better off at the moment than in March when Bitcoin dipped to 3.8 K and have climbed back upwards to 9.5K and touched 10.1 K before crashing. This is the third attempt. However, Ethereum which has currently shown some resilience bounced back after it crashed prior to today and has climbed back. The prices have stabalized which is a good sign from my view and we may see a near term bullish upward price movement.
Cardano has outshined.
Luuee
#bitcoin #ethereum