$BTC In Price Discovery Mode
BTC marked another all-time high at 76.8kIt was a significant day for
BTC ETFs, with record-breaking net inflows. BlackRock saw its largest inflow ever, adding 14,588 #Bitcoin.BTC is now in price discovery mode.On the hourly timeframe, Bitcoin is currently stalling, waiting for the next move.
I've added EMAs to the chart for context
- If we test and hold the ema50, which sits around 75k to 74.6k, I'm expecting a move toward 79.8k to 81.5k zone.
- The ema200 at 72.4k could be a solid long entry if it holds.
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.