BTCUSDT continue to increase sharply
Alexia hello every one!
Bitcoin has gradually been trading higher since a major move at the end of October. As seen on this chart, a parallel price channel has been established and is still functioning well. Just as predicted yesterday, the digital currency continues to rise and is currently holding at a high level above $35,000.
As of the beginning of today, BTC has once again touched a support level and witnessed a rebound from the low point. However, as long as we remain below the midpoint of the price channel, there is a higher possibility that the selling side will prevail and push the price below the support zone along the trendline.
In the long term, the price action remains optimistic, but we may encounter some moments of price decline along the upward journey.
Bitcoin has gradually been trading higher since a major move at the end of October. As seen on this chart, a parallel price channel has been established and is still functioning well. Just as predicted yesterday, the digital currency continues to rise and is currently holding at a high level above $35,000.
As of the beginning of today, BTC has once again touched a support level and witnessed a rebound from the low point. However, as long as we remain below the midpoint of the price channel, there is a higher possibility that the selling side will prevail and push the price below the support zone along the trendline.
In the long term, the price action remains optimistic, but we may encounter some moments of price decline along the upward journey.
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Publications connexes
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.