BitcoinLong
Bitcoin can rise to 40k zone, but don't get too excited
As I said yesterday, after finding strong bids under 34k, Bitcoin has started to rebound and now we are in a correction is underway.
At the time of writing, the price is 37400, just under a short-term resistance.
A break up to this resistance looks very likely and this can lead to further gains to the important 40k resistance.
Although I'm bullish on crypto and BTC in short term, I expect more losses after this correction.
At the time of writing, the price is 37400, just under a short-term resistance.
A break up to this resistance looks very likely and this can lead to further gains to the important 40k resistance.
Although I'm bullish on crypto and BTC in short term, I expect more losses after this correction.
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.