Bitcoin Swing Analysis
Momentum seems to be fading as BTC pushes higher on less volume. Previous buys in the 3500-4000 range could be partially liquidated around 6000-6200 level with a possible over performance to the $6500 level. The bulls will be met with strong resistance between 6000-6500 and unless we see a significant push in volume, I don't think we will break this level.
If this reversal takes place I will be looking for a re-test of the intersection of the 5 year uptrend and the 18 month downtrend lines towards the end of May. Boxes represent Sell and Buy zones.
If this reversal takes place I will be looking for a re-test of the intersection of the 5 year uptrend and the 18 month downtrend lines towards the end of May. Boxes represent Sell and Buy zones.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.