BTC - Levels to watch! Just my 2 cents
BTC had some really nice gains within the last months, however the price ranges below the 2021 June lows as well as the C-19 created trendline which has formed the overall uptrend back in 2019 for the last bullrun.
As for my personal TA a local top could be in at around $30250 -$DXY is in support levels as well. If the price of BTC is unable to flip these levels into support i'm expecting a extended retracement at least into the $25500 pricerange, maybe touching $24500 to confirm this level as new mid-term support.
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Not financial advice, take my notes with a grain of salt!
As for my personal TA a local top could be in at around $30250 -$DXY is in support levels as well. If the price of BTC is unable to flip these levels into support i'm expecting a extended retracement at least into the $25500 pricerange, maybe touching $24500 to confirm this level as new mid-term support.
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Not financial advice, take my notes with a grain of salt!
Comment:
BTC price reached the lower trendline created back in 2019 and is consolidating a few hundred dollars below. Tomorrow with CPI-Data released things might change, so be careful!
