BCTUSDT CHART ON DAILY TIME FRAME
Circling $44,000, traders were mostly preoccupied with a potential retracement, this having the potential to wipe out practically all recent progress.
"Now that we are at monthly resistance we may see a pullback. Even if we do, a higher low to 38K–40K would be "healthy" followed by continuation to 50K+ and a reclamation of our monthly resistance after which point, I'll have my sights set on a new ATH.
The long-term picture differed considerably, depending on the source and interpretation of macro market phenomena. While some called for a "melt-up" in stocks that would likewise aid BTC, others were far from convinced that 2022 would be an easy ride.
"Now that we are at monthly resistance we may see a pullback. Even if we do, a higher low to 38K–40K would be "healthy" followed by continuation to 50K+ and a reclamation of our monthly resistance after which point, I'll have my sights set on a new ATH.
The long-term picture differed considerably, depending on the source and interpretation of macro market phenomena. While some called for a "melt-up" in stocks that would likewise aid BTC, others were far from convinced that 2022 would be an easy ride.
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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.