Bitcoin is lower than the EMA50 and EMA200 in the 4H timeframe and is trading in its descending channel
The risk on sentiment in the US stock market or the entry of capital into bitcoin ETFs has resulted in the start of the upward movement, and after bitcoin in the specified supply zone, it can be entered into bitcoin sell
It should be noted that heavy fluctuations and shadows are possible due to the movement of whales in the market, and the capital management of capital in the cryptocurrency market will be more important
The risk on sentiment in the US stock market or the entry of capital into bitcoin ETFs has resulted in the start of the upward movement, and after bitcoin in the specified supply zone, it can be entered into bitcoin sell
It should be noted that heavy fluctuations and shadows are possible due to the movement of whales in the market, and the capital management of capital in the cryptocurrency market will be more important
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.
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.