Bitcoin tried to break the $39,400 resistance level but failed to stay above it. In order for Bitcoin to return to the uptrend, this range is the first barrier it must cross. Bitcoin support levels have not changed yet and are in the range of $38,200 and then the support level of 36,300. Also, in the 4-hour time frame, Bitcoin was able to maintain its dynamic support, which if broken, could easily have a sharp drop. We have considered two scenarios in the chart, and now Bitcoin is in the process of deciding to implement one of the two scenarios. From tomorrow, Monday, we will see some movement in the market because global markets will open.
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Sign up in Bybit Exchange with below link and get welcome bonus and 40% lifetime discount in all fee charges :
partner.bybit.com/b/Bizamooz
partner.bybit.com/b/Bizamooz
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.