BTC - Can move lower to touch the bottom Bollinger Band at 8520

Bitcoin (BITMEX:XBTUSD.P)

Updated

BITMEX:XBTUSD.P Bitcoin

Trend Analysis

trendanalysis

BTC - Can move lower to touch the bottom Bollinger Band at 8520 - This is cancelled with a move above 9340

Comment:

closing back above 9100 also puts BTC back in the upward moving channel

Comment:

however there is a large sell order at 9100 which may give BTC some challenges

Comment:

note also that BTC is currently still making higher lows which is still bullish and if BTC remains above 8520 its still bullish

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