BitcoinLong
BTC Dead Cat Bounce?
As previously mentioned, if we break below 47K we would head back down to the 200 daily moving average.
We fell below the daily 200 MA and bounced off a previous TD support line, at approx. 38.500.
This could just be a dead cat bounce on the way down to lower lows.
I'm hoping we can actually bounce off this support and head back above the 128 daily MA around 50K.
This would give more confidence in the market to continue to bullish trend.
We fell below the daily 200 MA and bounced off a previous TD support line, at approx. 38.500.
This could just be a dead cat bounce on the way down to lower lows.
I'm hoping we can actually bounce off this support and head back above the 128 daily MA around 50K.
This would give more confidence in the market to continue to bullish trend.
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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.