TradeViewer7

Bitcoin 3K Price Analysis, December 25th

TradeViewer7 Updated   
COINBASE:BTCUSD   Bitcoin
Bearish Divergences indicate we may move to retest lower prices in the Down Channel area.
Comment:
2 days of sideways movement provides strong Resistance (we have now moved underneath this), keeping us in the Down Channel area.
Comment:
CME Bitcoin Futures Expiry: 28th Dec 4pm GMT. For 40mins up to expiry of BTC futures, price is pumped by 8%. Price was rejected from the top of the Down Channel, for now.
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.