We can see that below 10.7k, the 10k psychological barrier will probably not be big enough to stop BTC going down around 9k for the next level of support. Based off the volume profile seen on the right. Do also note bearish divergence on the RSI.
Above 12k however and there may be no stopping us before we reach 20k.
I am currently waiting for a breakout in either direction.
Above 12k however and there may be no stopping us before we reach 20k.
I am currently waiting for a breakout in either direction.
