Hello, dear subscribers!
In the previous review, we looked at the downward movement of bitcoin price at the breakout of $35,000.
Since then there was a fakeout above $38,000, the price was rising to $40,000. After that, a progressive downward movement began. At the moment we are at the global support zone of $30,000. MACD, RSI and OBV indicators are in the red zone. Buyers are hardly containing the bears onslaught, breakdown of this level does not promise anything good to the bulls, ahead will be $25,000, and then $20,000 per bitcoin.
The RSI indicator shows that the price is strongly oversold, which means that instead of a sharp drop it may rebound above $30,000 or we may see a slow and exhausting slide of the bitcoin.
Subscribe to the channel and stay tuned!
In the previous review, we looked at the downward movement of bitcoin price at the breakout of $35,000.
Since then there was a fakeout above $38,000, the price was rising to $40,000. After that, a progressive downward movement began. At the moment we are at the global support zone of $30,000. MACD, RSI and OBV indicators are in the red zone. Buyers are hardly containing the bears onslaught, breakdown of this level does not promise anything good to the bulls, ahead will be $25,000, and then $20,000 per bitcoin.
The RSI indicator shows that the price is strongly oversold, which means that instead of a sharp drop it may rebound above $30,000 or we may see a slow and exhausting slide of the bitcoin.
Subscribe to the channel and stay tuned!
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。
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。