$11,500, the next key level for $BTC
Bitcoin broke $10,000 and it did it more heavily than anyone expected, reaching levels above $11,000. Being precise, it reached $11,280, a price unseen since March 2018.
And now? The BTC price is performing a symmetrical triangle. A pattern that normally, once it almost finished the triangle, the price makes a very sharp movement upwards or downwards.
What is the most likely direction? It is difficult to determine, however, there is a very important resistance at $11,500 and important levels like this one usually act as magnets for the price. It means that very possibly, the price will move upwards and then make a retracement.
--CRYPTOHOPPER--
And now? The BTC price is performing a symmetrical triangle. A pattern that normally, once it almost finished the triangle, the price makes a very sharp movement upwards or downwards.
What is the most likely direction? It is difficult to determine, however, there is a very important resistance at $11,500 and important levels like this one usually act as magnets for the price. It means that very possibly, the price will move upwards and then make a retracement.
--CRYPTOHOPPER--
The best cryptocurrency automated trading platform.
-Cryptohopper-
cryptohopper.com/
-Cryptohopper-
cryptohopper.com/
免責聲明
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。