BTC/USD
yesterday’s BTC price analysis, we saw Bitcoin correcting down marking a daily low around the $3700 support line. From there, Bitcoin had returned to the $3800 area.
Following the correction down, Bitcoin found support at the $3700 level, along with the 4-hour chart’s 200 and 100 moving average lines (marked light green and white on the following chart). MA-100 is about to cross over MA-200 which could turn out to be a bullish signal for the mid-term future.
From the bear side, support in range lies at $3800, $3700 (strong support along with the ascending trend-line), $3600 and $3480.
From the bull side, resistance levels lie around $3900, $3950, $4050, $4200.
The trading volume is still low. This is likely because of the weekend along with the holidays.
BitFinex’s open short positions had increased to 33.2K BTC, not a significant change.
Following the correction down, Bitcoin found support at the $3700 level, along with the 4-hour chart’s 200 and 100 moving average lines (marked light green and white on the following chart). MA-100 is about to cross over MA-200 which could turn out to be a bullish signal for the mid-term future.
From the bear side, support in range lies at $3800, $3700 (strong support along with the ascending trend-line), $3600 and $3480.
From the bull side, resistance levels lie around $3900, $3950, $4050, $4200.
The trading volume is still low. This is likely because of the weekend along with the holidays.
BitFinex’s open short positions had increased to 33.2K BTC, not a significant change.
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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.