Bitcoin
Long

BITCOIN: $17K EXPECTED.

230
Hey guys, a quick update on BTC in 3 hours timeframe.

Currently, BTC is trying to push the price toward 17k after the drop. The only obstacle it is facing is the 21 MA at 16.6k.

Key points:

1. 17k expected.
2. 21 MA resistance at 16.6k.
3. Support at 16.5k.

Happy trading.

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.