$25K mark shows a strong level of resistance, bulls managed to break above the previous level of resistance at $21K. This will now act as new support level to help maintain the momentum to the upside. If bulls break above the $25K mark our next target is $31K!
Key Levels:
-$21K
-$25K
-Target 1!= $31K
*Price action within the candle wicks around the $25K level have been rejected multiple times so far.
(Golden cross pattern has also now formed with the 50Day MA reaching above the 200Day MA on the 1D interval time frame)
Key Levels:
-$21K
-$25K
-Target 1!= $31K
*Price action within the candle wicks around the $25K level have been rejected multiple times so far.
(Golden cross pattern has also now formed with the 50Day MA reaching above the 200Day MA on the 1D interval time frame)