We are likely to see a pullback in Bitcoin
Dear traders, Bitcoin has been strongly bullish over the last few trading days.
However, we are likely to see a pullback now.
The price is quite extended from it's 100-day exponential moving average.
Along with that, we also have a couple of bearish candles in the daily chart.
A combination of these factors could lead BTC back to the 30K area from where
we can consider buying again.
However, we are likely to see a pullback now.
The price is quite extended from it's 100-day exponential moving average.
Along with that, we also have a couple of bearish candles in the daily chart.
A combination of these factors could lead BTC back to the 30K area from where
we can consider buying again.
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.
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.