Another way to look at the charts is using floors. Since December Bitcoin was moving up the floors until yesterday when we dipped down 1 floor, if you are bullish Bitcoin , you don't want 8-8.2k becoming resistance. The current floor has support all the way @ 6k area which will most probably cause
a pretty decent bounce. The more standard way of looking at the charts is here with four time frames:
a pretty decent bounce. The more standard way of looking at the charts is here with four time frames:
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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.