Bitcoin-Possible step back to 9K level
After reaching $ 9,500 Bitcoin seems to have lost momentum and step back to lower regions.
Next key support to be tested @ $9,250,if broken then back to retest price @ $8,950.
If that level will hold we'll may see Btc back to retest major resistance @ 9,500 with possible continuation upward.Otherwise I see a retest of lower level between $7,800/8,000.
I see Btc going down through the weekend, still a lot of bears pressure in the air.
Happy trading to everyone :)
Next key support to be tested @ $9,250,if broken then back to retest price @ $8,950.
If that level will hold we'll may see Btc back to retest major resistance @ 9,500 with possible continuation upward.Otherwise I see a retest of lower level between $7,800/8,000.
I see Btc going down through the weekend, still a lot of bears pressure in the air.
Happy trading to everyone :)
Note
Update:Btc reached $ 9,650 and found selling pressure.I keep my bearish bias as I don't see breakthrough on Fib.
Note
I do apologise about my bad analysis :-/
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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.