BitcoinShort
BTCUSD, A further slide?
Price appears to be vulnerable towards a support at 56K, as the market broke the 58k support and is struggling from rejections within the 58k-60k range, which also acts as a new resistance.
Price could face further bearish pressure towards the 53K level so long as price remains below 60k.
For a bullish recovery, price would require to find support at the 63K level.
Thoughts?
Price could face further bearish pressure towards the 53K level so long as price remains below 60k.
For a bullish recovery, price would require to find support at the 63K level.
Thoughts?
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.