We consider 6800 to be the first downside stop followed by 6450, 6125,5900
We expect BTC to bounce from these zones for now. We do not expect further weakness beyond the stated levels. 200 DMA will continue to offer resistance. However the probability of Death Cross is diminishing. On the Top side 8300-8380 is first major Resistance. 8850-9079 Next followed by 9390-9510 Area.
We expect BTC to bounce from these zones for now. We do not expect further weakness beyond the stated levels. 200 DMA will continue to offer resistance. However the probability of Death Cross is diminishing. On the Top side 8300-8380 is first major Resistance. 8850-9079 Next followed by 9390-9510 Area.
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