BTC will probably trade these supports for a while. Sub5k looking like a reality soon if minimal bullish action at 6.4. No one likes to buy anything until a huge sell off takes place after dipping below the 400MA.
Note
BTC is still supporting itself on the descending line coming from the 4/11 inverse head and shoulders. if this breaks down, we'll see huge loss, but for the time being it should hold, cause a relief rally to over 7K, and then probably back down
Note
on the 2h, BTC is having a bullish divergence with a lower low on RSI, but price higher low from the 4/11 dip. This is quite bullish
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.