The chances of bitcoin breaking 7.8k are slim. Heavy resistance in this area. Yes it may go higher but I don't believe it will hold
Pull back to 7.2k - 7.4 k
Lowest 6.8k.
It will be interesting if price is able to break and find support on the upper trend line
For now we will retrace before an attempt back up.
Taking caution on buying the dip
Pull back to 7.2k - 7.4 k
Lowest 6.8k.
It will be interesting if price is able to break and find support on the upper trend line
For now we will retrace before an attempt back up.
Taking caution on buying the dip
Note
Managed to break the trend line. Now we will looking for support on the trend line
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.