ARESABI

BITCOIN: Interest Rate Unchanged - What's next?

Short
ARESABI Updated   
BITSTAMP:BTCUSD   Bitcoin
The interest rate remains unchanged while the BTCUSD price is struggling at a trend resistance.
The Fixed Range Volume Profile confirms the strong resistance at $69.5k.
BTC is now aiming for lower highs (confirmed today) and lower lows, with the next short-term support being located at $64k.

My short position is open.

Cheers,
Ares
Trade active
Comment:
There we go
Comment:
Another sell-off could possibly print a bullish divergence on the RSI, as shown on this chart. 64K is an important level to look out for. I expect a strong reaction back above $70k
Comment:
Comment:
Close to the final target
Trade closed: target reached

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