#Bitcoin heading to 42k?
1) Across all time frames, we can see clearly LH & LL (lower highs and lower lows)
2) 200D SMA 47k became resistance and 50W SMA 47.6k became resistance too.
3) 45k the current support is repeatedly being tested after losing 47k
Conclusion:
1) Expect high volatility today and tomorrow before weekly candle close.
2) If 45k breaks then 42k is next.
2) 200D SMA 47k became resistance and 50W SMA 47.6k became resistance too.
3) 45k the current support is repeatedly being tested after losing 47k
Conclusion:
1) Expect high volatility today and tomorrow before weekly candle close.
2) If 45k breaks then 42k is next.
Unless you figure a way to make money while you sleep, you’ll work till you die.