TradingView
fritzz
Aug 12, 2021 6:31 AM

BTC - THATS ALL FOLKS? Short

Bitcoin / U.S. dollarBitstamp

Description



Update to the 14D chart which seems to have the clearest points of resistance/support. It's worked so far. Lets see if it can help us going forward.

I lean bearish, but if we can close out over 48k, then there's a chance BTC reaches ATHs.

Comment

The 14 day chart has continued to be very illuminating. It seems that the resistance at 47k has held, and we're heading down between 34k-38k support.
Comments
shyam2015
what abt btc reserve on exchanges ? it is decreasing continuously..........that makes me feel bad ha ha ha
fritzz
@shyam2015, Lets hope that's the deciding factor. I don't want this bull run to end either.
More