BTC/USD - Testing $9400 Level - Buying Opportunity??
So in the past 2 hours we've seen a huge sell off in BTC with price action testing the $9400 level, which aligns the previous blow between 2/24 - 2/26 and had acted as resistance back on 2/3-2/4. The question is whether this area will hold or will price be able to break lower as the day goes on.
In my opinion, there is great buying pressure here and enough to hold price at present to these levels. I think this level is a great buying op and anything lower even better.
I'll be watching closely for lower buying opportunities on this one.
In my opinion, there is great buying pressure here and enough to hold price at present to these levels. I think this level is a great buying op and anything lower even better.
I'll be watching closely for lower buying opportunities on this one.
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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.