BITCOIN : AT VERY IMPORTANT POINT FOR VOLUME
Bitcoin entering right now a very important level of volume.
Since the known FTX breakdown BTC did not gain new levels, are we going to see new trends also with this new weekly view?
This trend line is the line that can get BTC to an uptrend with the higher volume we saw before.
Same time BTC should not enter the red zone with confirmation otherwise it can break down more.
The reason for this update is that BTC is at a very important level that could breakout BTC from exactly the green time frame.
The rule is that BTC should not get confirmation below the 16400 zone and the green trend should hold above this price action.
Let's see if the BTC whales will breakout BTC to uptrend levels.
BTC will affect the most of markets also. if it becomes green more trend coins will follow and this is exactly the same for the red market.
If there is really volume coming as this update expects, then BTC should get from these green points the volume trend.
This would mean that we still need to check for further confirmations coming time.
Know that cryptomarkets can change with time, for this reason always trade only depending on your study and confirmations.
This update adds about the 2 views. Long and breakdown possibility.
Since the known FTX breakdown BTC did not gain new levels, are we going to see new trends also with this new weekly view?
This trend line is the line that can get BTC to an uptrend with the higher volume we saw before.
Same time BTC should not enter the red zone with confirmation otherwise it can break down more.
The reason for this update is that BTC is at a very important level that could breakout BTC from exactly the green time frame.
The rule is that BTC should not get confirmation below the 16400 zone and the green trend should hold above this price action.
Let's see if the BTC whales will breakout BTC to uptrend levels.
BTC will affect the most of markets also. if it becomes green more trend coins will follow and this is exactly the same for the red market.
If there is really volume coming as this update expects, then BTC should get from these green points the volume trend.
This would mean that we still need to check for further confirmations coming time.
Know that cryptomarkets can change with time, for this reason always trade only depending on your study and confirmations.
This update adds about the 2 views. Long and breakdown possibility.
Comment:
If BTC is able to hold the green level, then high possibility next target would be $18200
Comment:
BTC did confirm on the new low time frame a new uptrend.
This is also positive for the market coming time if it goes further.
This is also positive for the market coming time if it goes further.