If we zoom out and look at the bigger picture, it seems that bitcoin is repeating its pattern that started in 2017, except that this time there's less FOMO and a lot of previously burned pseudo investors have learned their lesson. I drew some basic trend lines and to me, it seems that BTC is finishing its bearish trend and trying to test some key resistance points. Major support points are 6500 and 3300. Major resistance is at 9600 and 11600. Those who speculate for BTC, let's hope that we will brake through 9600 already.
Kommentera:
Bitcoin is looking great on the daily chart, currently testing key resistance levels, hoping that it breaks through 9600 and 9900.