BTC/USD
Bitcoin found support again for the 3rd time at 9200s area, BTC started turning to the upside and has the potential to retest the swing top at 9600.
If BTC can't break the swing High, there is likely a pullback at immediate support areas to push another wave up. Bearish side,
BTC will come down and retest flat support area for the 4th time which will add a more bearish factor that this line of defense against the bears will fail the next try.
Bitcoin found support again for the 3rd time at 9200s area, BTC started turning to the upside and has the potential to retest the swing top at 9600.
If BTC can't break the swing High, there is likely a pullback at immediate support areas to push another wave up. Bearish side,
BTC will come down and retest flat support area for the 4th time which will add a more bearish factor that this line of defense against the bears will fail the next try.
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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.