Clear Bitcoin levels
On chart are the clear horizontal support and resistance levels for bitcoin. The recent top of $8390 is a key resistance level for bitcoin, having been a key pivot point through sprint 2018, and then ultimately calling the top in July. Alongside this level is the 38.2% fib retrace of feb->dec decline.
A break through here would be significant, with a lack of resistance until the January 2018 lows coming in @$9222 with the 38.2% retrace off ATH just above @$9450.
Another failed retest of $8390 on the other hand and immediate support comes in around $7800 with the FEb and April spike closes. Break those and you have 2 key pivot areas alongside the 20 daily moving average @~$6600
A break through here would be significant, with a lack of resistance until the January 2018 lows coming in @$9222 with the 38.2% retrace off ATH just above @$9450.
Another failed retest of $8390 on the other hand and immediate support comes in around $7800 with the FEb and April spike closes. Break those and you have 2 key pivot areas alongside the 20 daily moving average @~$6600
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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.