Bitcoin has started the last day of 2021 with a green candle.
However, MA 200 is lost in daily timefram (currently 47,748), and this recent uptrend is more like a pullback to lost support. The 48,000 level is now a strong resistance to Bitcoin, and crossing it promises to end the recent downtrend.
However, MA 200 is lost in daily timefram (currently 47,748), and this recent uptrend is more like a pullback to lost support. The 48,000 level is now a strong resistance to Bitcoin, and crossing it promises to end the recent downtrend.