BitcoinViés de alta
Range bound for BTCUSD
If it breaks down and revisit the 8000 price level without falling through, that would be a good accumulation.
Another alternative is it continues to inch along the bullish trend line and attempts to break out of the 10,000 price level/resistance once more. You can see that this is a strong resistance with many sellers wanting to push the price downwards.
Be patient. If you have not bought earlier , do not be fearful of missing out the action and starts to chase at current price. It can goes both way now, either break out of 10,000 and trend continues higher or breaks down once more.
I am cautiously bullish on BTCUSD.
Another alternative is it continues to inch along the bullish trend line and attempts to break out of the 10,000 price level/resistance once more. You can see that this is a strong resistance with many sellers wanting to push the price downwards.
Be patient. If you have not bought earlier , do not be fearful of missing out the action and starts to chase at current price. It can goes both way now, either break out of 10,000 and trend continues higher or breaks down once more.
I am cautiously bullish on BTCUSD.
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