Bitcoin- to break 42500 for a test of 46k?

2022年1月20日

In yesterday's post I said that I closed my short trades and, although I'm not very bullish on the medium term, I expect a relief rally from Bitcoin and the crypto market in general.
After another dip under 42k, bitcoin found bids again and now is facing 42500 short-term resistance.
Bulls seem to have found themselves and I expect a break here.
The target can be 46k with negation under 41k

Best regards
Mihai Iacob

2022年1月20日

註釋

Bitcoin confortably above 42500.
Buy dips can be a good idea