BTC has been range bound for nearly 3days now since the cboe futures expiry bloodbath along with all the FUD on the Regulatory groups from South Korea to Europe to US-SEC/IRS… based on which I see 3 price points in the following weeks as pointed on the chart.
1. 12.5k an indication of Bulls taking control with bull zone high resistance at 15k.
2. 11k may continue on (regulatory decisions) FUD at 120EMA support as seen the last 3 days
3. 8.5k being the real Bear zone and if broken then free falling which I'm sure even the bears may not want, as it loses crypto credibility on all counts.
Irrespective, the Blockchain is certainly a new leaf in the emerging tech.
comment you thoughts or like… Thanks!
1. 12.5k an indication of Bulls taking control with bull zone high resistance at 15k.
2. 11k may continue on (regulatory decisions) FUD at 120EMA support as seen the last 3 days
3. 8.5k being the real Bear zone and if broken then free falling which I'm sure even the bears may not want, as it loses crypto credibility on all counts.
Irrespective, the Blockchain is certainly a new leaf in the emerging tech.
comment you thoughts or like… Thanks!