Bullish long term but feels overcrowded at the moment

מעודכן
Bullish long term but feels overcrowded at the moment

50k seems to be proving a heavy resistance. Narrative remains intact and impressed with its resilience in the recent market turmoil but feels a little overcrowded at the moment.

Looking at 30kish level for support if price fails at current levels.
הערה
50k seems the inflection point.

A solid break of it will lead to higher highs.

Bias as of writing is to the upside.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDCandlestick AnalysiscryptoDEFIoutlookSupport and Resistance

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