BTCUSD - Bitcoin has a divergence in the force!

Quick update on the BTCUSD markets for the short term.

We can see that the market is clearly hitting against the ceiling at around 11600 – 12000.

With the Bulls staying shy of the market we can see that the demand is dwindling and the CCI might switch over to Bear mode soon.

On the short term I would advise caution to those speculating on the Bitcoin markets. We will see the CME futures expiring today and get a clear idea what the street is up to.

Short term support for BTCUSD is at 9k – 10k.

Medium/Long Term support could be as low as 7k or even lower.

It is a good practice for traders to take a look at the 1day and 1week candles to asses complete situation the market finds itself in.

Even though I believe this is still a very healthy correction for the market, many speculators/investors will reassess their commitments when/if $9k should break.

Feel free to discuss this trade idea with us.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出