Extremely Strong momentum, although we can see a minor correction in the path.
One more thing to consider is the upcoming infra bill of US. It can impact crypto market, but I personally feel it will just be temporary. Loss for some, opportunity for others.
Now let's see if bitcoin holds the trendline. $42,500 is a great support. A good buying zone!
Cheers! Have a nice weekend :)
One more thing to consider is the upcoming infra bill of US. It can impact crypto market, but I personally feel it will just be temporary. Loss for some, opportunity for others.
Now let's see if bitcoin holds the trendline. $42,500 is a great support. A good buying zone!
Cheers! Have a nice weekend :)
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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.