D7R

Bitcoin (BTC) • Range Update

INDEX:BTCUSD   Bitcoin / U.S. Dollar
Slow pullback still in progress but macro down trend still structurally unchanged.
We have build up of resistance at 25k if it get rejected send u back into 20k breaking it we can think of 30k region.

In this video I walk through the technical levels I am looking at some futures data and coinbase order-book snapshot view.

Overall I do not think we found the bottom yet but it can also take awhile before we get there.

We could perfectly well range around 20k till the end of the year.



⚪️ Membership access to premium D7 indicators, available at https://d7research.com 📊
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.