BTC/USD
-new key low support is set at 9k area
-Bitcoin closes below the 50D MA
-it will now retest the 50ma and trendline resistance
-decision time for the market
-are we going to break higher or come back lower?
-technically, we are still on a big sideways market
-it is still high-risk trading within the ranging price action
-my bias in the short term is to test the low 9.5k range
-I will update the status once we get there
-new key low support is set at 9k area
-Bitcoin closes below the 50D MA
-it will now retest the 50ma and trendline resistance
-decision time for the market
-are we going to break higher or come back lower?
-technically, we are still on a big sideways market
-it is still high-risk trading within the ranging price action
-my bias in the short term is to test the low 9.5k range
-I will update the status once we get there
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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.
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.