BTC has been extremely week since topping out around $71k a few weeks ago. It has done nothing but continue moving lower despite the rally in stocks and semiconductors. I believe this is mostly due to DXY strength, but this is the make or break area.
BTC has refused to go back below 59K ever since it broke above. So I'm expecting the move off of this area to be significant. Can't say which way it breaks or when, but the recent weakness suggests it will break below soon and head back to the
48K
-
52K
area.
BTC has refused to go back below 59K ever since it broke above. So I'm expecting the move off of this area to be significant. Can't say which way it breaks or when, but the recent weakness suggests it will break below soon and head back to the
Liknande idéer
![AdvancedPlays](https://s3.tradingview.com/userpics/18553952-lplq.png)
COIN Short Idea
AdvancedPlays
Plus
about COIN
![AdvancedPlays](https://s3.tradingview.com/userpics/18553952-lplq.png)
BTC Breakout?
AdvancedPlays
Plus
about BTCUSD
![AdvancedPlays](https://s3.tradingview.com/userpics/18553952-lplq.png)
COIN Short Idea
AdvancedPlays
Plus
about COIN
![AdvancedPlays](https://s3.tradingview.com/userpics/18553952-lplq.png)
BTC Bear Flag
AdvancedPlays
Plus
about BTCUSD