CryptoTough

BTC Bounce At 10,000 Psychological Support

Long
COINBASE:BTCUSD   Bitcoin
After charging to 13,800, BTC has come down hard and is only showing lower highs and lower lows. The four-hour chart shows definite support at the 200 DMA and consolidation on June 17th and 18th.

The one-hour chart has dipped just below support from June 27th and bounced at the 10,000 psychological support level. BTC needs to put in some higher lows and higher highs here to start an uptrend. Dial down to the 15 min. chart for entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.