The price of Bitcoin seems to have trouble continuing to rise above the broken resistance.
This signals that sellers are still very strong and can push the price down to lower levels.
Technical indicators are also reflecting a slowdown in optimistic pressure.
The moving average of 100 periods is above the moving average of 200 periods, indicating that the path of least resistance is to the opposite side. However, the difference between the moving averages is decreasing, weakening the optimistic moment and showing a potential for a crossing of the means.
These moving averages are also close to the area of interest at around $ 10,000, increasing their strength as resistance.
The price of Bitcoin may fall to the next Fibonacci extension or the 50% extension at $ 8,176.8. The extension of 61.8% is US $ 7,775, so the extension of 76.4% is US $ 7,278. The total extension is US $ 6,474.
This signals that sellers are still very strong and can push the price down to lower levels.
Technical indicators are also reflecting a slowdown in optimistic pressure.
The moving average of 100 periods is above the moving average of 200 periods, indicating that the path of least resistance is to the opposite side. However, the difference between the moving averages is decreasing, weakening the optimistic moment and showing a potential for a crossing of the means.
These moving averages are also close to the area of interest at around $ 10,000, increasing their strength as resistance.
The price of Bitcoin may fall to the next Fibonacci extension or the 50% extension at $ 8,176.8. The extension of 61.8% is US $ 7,775, so the extension of 76.4% is US $ 7,278. The total extension is US $ 6,474.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。