BitcoinLong
FUD in Bitcoin!! Still HODLing!!
Bitcoin has tumbled recently, testing levels as low as 45K. Even though this was swiftly bought back up, it is not a good sign for Bitcoin, because previously, 
48K was holding strong, and thus we are seeing lower lows, a bearish sign. The psychologically important 50K level is now providing resistance, and we've rejected it for now. It does appear that we are seeing support at 48.2K, which was once the hard lower bound for BTC. From here, we should at least come up for air and feel out the current range between 48.2K and 50.8K. Be mindful of the vacuum zone down to 46.2K
48K was holding strong, and thus we are seeing lower lows, a bearish sign. The psychologically important 50K level is now providing resistance, and we've rejected it for now. It does appear that we are seeing support at 48.2K, which was once the hard lower bound for BTC. From here, we should at least come up for air and feel out the current range between 48.2K and 50.8K. Be mindful of the vacuum zone down to 46.2K
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Join my discord at discord.io/quantguy
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.