BTCUSD Perpetual ContractMis à jour Is $BTC Bitcoin Range Bound?
BITCOIN price action has established a range!Current price: 61400
Previously
BTC continued to find rejection around the 71500 resistance and also established support around the 60600 area.It is fair to state that Bitcoin's established RANGE lies between 60600 - 71500
For alts to rise to higher prices, then bitcoin needs to remain in this range: No breakout of the range or breakdown from the range...
Support at 60600 is a very key to watch! If #BTC loses this support then a Worst case scenario will play out: Bitcoin loses the range and seeks lower supports down to 49,700
Best case scenario for bitcoin price action is to remain in range until a time when it can break the 71500 top resistance to reach higher prices.
Current Resistances (within Range): 62400, 64300, 67000, 69800, 71500
Supports below Range: 57900, 54500, 52200, 49700
Note
BTC still holding strong support around 60600 Current Resistances (within Range): 62400, 64300, 67000, 69800, 71500)Note
BTC has finally lost the support of the range... down from here! Supports below Range: 57900, 54500, 52200, 49700Note
BTC price action found resistance around 57900...If 54500 cannot hold then expect 52200
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Publications connexes
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.