If price break 800 then 750 will provide support .
At this moment to know the direction of the cryptocurrency bitcoin is unknown but as far as i know, if btc price is going to drop for a retracement, first they have to shoot up as high as possible after wiping off the retailers and the intuitional would be cashing out when all the early buyers enter the market. so selling at this point is very very risky and also...
Bitcoin broke the resistance of the previous ATH with a volume higher than the previous one, although not the largest of the full cycle. A bullish channel has formed that had two small breakouts with throwback. The price action is above $ 34,000, which remains above the support of $ 33,300 the probability of continuing to rise remains. In addition, the overbought...
Reasons- 1) Making higher highs and lows on higher timeframes. 2) Trading above 200 ema on daily and weekly. 3) Trading above the ichimoku cloud on daily and weekly. 4) Our entry above recent swing high where sl orders of bears are likely to be accumulated. 5) Zone to Zone trend riding. Kindly trade at your own risk Good Luck ✌️
The downtrend line in the weekly time frame is broken and Pull back has also had a downtrend line to this line.