BTC up or down..
BTC is creating roughly the same pattern as ADA before ADA broke upwards +7%.
If BTC can hold above 57800 for the day candle I think we could see break upwards towards 62k..
If it breaks down, possibly we will see 54k. It is hard to know.
Volume is low on this current drop..
There is definitely reason to move lower.. but Silver is moving up and DXY is moving down, two indicators that lead me to think there may be reason for BTC to continue up..
If BTC can hold above 57800 for the day candle I think we could see break upwards towards 62k..
If it breaks down, possibly we will see 54k. It is hard to know.
Volume is low on this current drop..
There is definitely reason to move lower.. but Silver is moving up and DXY is moving down, two indicators that lead me to think there may be reason for BTC to continue up..
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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.