BTC decision point coming

86
BTC has been supported at 4300 multiple times but the larger downtrend is coming to closure and it will either finally break through the support at 4300 or it will bounce again and turn bullish through exhaustion of the bears. Currently OBV is down trending while CCI is riding close to 100, which doesn't signal a bullish conclusion. I expect that if CCI breaks strongly upward and OBV changes to bullish volumes that we could see a strong move back towards testing 4600 level. If OBV And CCI instead trend downward, I expect that this downward pressure will attempt to break 4300 support.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.