I think we can see move till 41k on daily time frame & 42k is deciding stage for BTC if that break so we would be witnesses of good move in Market & if that rejected (as previously) so we would probably see market around 30k. So in other words there are high risk and two extremes. Those want to remain safe so they can takeout entry from Market between 41k to 42k and those in heavy losses could Hold.
My Analysis are based on: On Balance volume (OBV) which is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Even OBV shows crowd sentiment that can predict a bullish or bearish outcome. (for knowledge)
Based on OBV it gives sense of good volume coming up in the market. (As you can observed in the chart) Volume is currently in 3.2M and could probably go to 3.4M. (keeping market volatility in view)
My Analysis are based on: On Balance volume (OBV) which is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Even OBV shows crowd sentiment that can predict a bullish or bearish outcome. (for knowledge)
Based on OBV it gives sense of good volume coming up in the market. (As you can observed in the chart) Volume is currently in 3.2M and could probably go to 3.4M. (keeping market volatility in view)
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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.