Bitcoin: $30 000 Is the Top
Update. If the buyers can close the daily candle at the high, it will be a bullish signal.
This week, the market will be able to update the local highs and move back to the bullish model.
Targets for the rally stays the same:
1. $25 000
2. $28 000
3. $30 000
Stay tuned!
P.S. Why $30 000 may be the top for this rally? It's simple, when the market moved from the ATH, $30 000 stopped and reversed the price. It was the solid support. Now, it's the strong resistance and the perfect target for the buyers.
This week, the market will be able to update the local highs and move back to the bullish model.
Targets for the rally stays the same:
1. $25 000
2. $28 000
3. $30 000
Stay tuned!
P.S. Why $30 000 may be the top for this rally? It's simple, when the market moved from the ATH, $30 000 stopped and reversed the price. It was the solid support. Now, it's the strong resistance and the perfect target for the buyers.
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.