BTC made a yesterday Day closed below $94k. At the time of writing this on Saturday Bitcoin is trading near $95,800. Since last weeks bitcoin is making pump on weekend If bitcoin made a weekly close above $98k, Then Bitcoin will retest again $102k resistance.
However a rejection from $98k will extend the decline again towards $92k-$93k.
Relative Strength Index RSI is at 33 higher than the level of our bought, Moving average Convergence Divergence MACD is also signaling bearish momentum.
Personally I think that the Bitcoin will make a heavy pullback from $92K-$93k.
However a rejection from $98k will extend the decline again towards $92k-$93k.
Relative Strength Index RSI is at 33 higher than the level of our bought, Moving average Convergence Divergence MACD is also signaling bearish momentum.
Personally I think that the Bitcoin will make a heavy pullback from $92K-$93k.
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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.