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BITCOIN (BTCUSD): 2 Important Zones to Watch ₿
Bitcoin
Short
BITCOIN (BTCUSD): 2 Important Zones to Watch ₿
By VasilyTrader
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Aug 5
9
2
2
Aug 5
https://www.tradingview.com/x/FdwDsgBG/
Here are 2 significant demand zones on Bitcoin to pay close attention to.
Zone 1: 46600 - 50000 area
This structure is based on an important psychological level 50000
and 2 historical key levels.
Zones 2: 38500 - 41300 area
This structure is based on multiple historic levels
that the price respected in December last year.
Probabilities are high that the market will stop falling soon.
However, a bearish violation of Zone 1 will push the prices much lower.
Let's see.
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Bitcoin (Cryptocurrency)
crypto
Cryptocurrency
cryptomarket
cryptotrading
Supply and Demand
Support and Resistance
Wave Analysis
XBTUSD
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