Bitcoin still in the Golden Pocket
Bitcoin has taken another drop as predicted. But whilst sentiment is very fearful, the bears aren't out of the woods yet. It might be a bit premature to be calling lower prices.
Bitcoin is still sat in the Golden Pocket and now sits neatly on the 65% retrace from 2019 highs. These levels have been respected over the last three weeks suggesting significant reaccumulation.
As long as this 65% level is held, there is still a strong case for reaccumulation. But a break of it could see a significant move lower, likely to local low of $6400.
Bitcoin is still sat in the Golden Pocket and now sits neatly on the 65% retrace from 2019 highs. These levels have been respected over the last three weeks suggesting significant reaccumulation.
As long as this 65% level is held, there is still a strong case for reaccumulation. But a break of it could see a significant move lower, likely to local low of $6400.
Bài đăng liên quan
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.