Daily Market Analysis - BTC
The market is up to 188.54B. Dominance is up even more to 56.27%. Overnight, the buying pressure overwhelmed selling pressure, and the price broke to the upside testing 6000. The price has since found support above 5800.
Selling at the top of the daily wick near the 6k price indicates profit taking, and possible fear of a breakdown could lead cautious traders to close positions and wait.
If momentum continues and the price holds above the 5800 and 0.786 Fibonacci levels, we should see the price break 6000, and test 6200 in the coming days.
Selling at the top of the daily wick near the 6k price indicates profit taking, and possible fear of a breakdown could lead cautious traders to close positions and wait.
If momentum continues and the price holds above the 5800 and 0.786 Fibonacci levels, we should see the price break 6000, and test 6200 in the coming days.
Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
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.