There's a lot of interesting stuff happening regarding btc formation right now, for started how there's a re-accumulation forming, that is also the LPS of the bigger accumulation cycle it is right now.
Basically what I think;
As for now, what I expect next is another touch of the 67k-69k, primarily because we are still upside the main support floor, which is the 58k-59k and also especially because price price is currently having an accumulation formation characteristic.
There's an accumulation right now forming, which 63k was the spring. But considering the selling pressure at 67k-69k, I need a break upside it to consider higher zones, since a retracement to 50k could happen anytime if demand don't increase.
As on the bigger TF reactions;
Daily
Weekly
Monthly
Basically what I think;
As for now, what I expect next is another touch of the 67k-69k, primarily because we are still upside the main support floor, which is the 58k-59k and also especially because price price is currently having an accumulation formation characteristic.
There's an accumulation right now forming, which 63k was the spring. But considering the selling pressure at 67k-69k, I need a break upside it to consider higher zones, since a retracement to 50k could happen anytime if demand don't increase.
As on the bigger TF reactions;
Daily
Weekly
Monthly
Ghi chú
Ghi chú
64.8k on light supplyGhi chú
''I need a break upside it to consider higher zones, since a retracement to 50k could happen anytime if demand don't increase. ''Update will be made about it (:
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.