BTCUSD : Nothing Changed, Still BullishBTC still maintains a strong upward momentum. Immediate strong support was found again near 116K.
It seems that the market has set a new low for BTC around this area for now. We think that as long as BTC stays above this area, there is a good chance that the increasing volume and buyers will increase further pushing BTC further, as shown in the chart, to 120,600; 122,400; 125,000 and 127,000.
Dara Golbon
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Dara Golbon
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.