Bitcoin key levels show the next big move
The daily chart key levels show where bitcoin price spends most of its time and volume.
Price tends to move quickly from one level to another, and from this we can see where Bitcoin could jump to on his next big move.
Currently trading above the 40500 key level, the next one is either 39000 or 46500.
On 4H the next level is either 42220 or 39400.
Follow the nasdaq and S&P500. Bitcoin tends to trend in the same way as these financial indexes. Right now the global trend is bearish but short term is bullish.
Price tends to move quickly from one level to another, and from this we can see where Bitcoin could jump to on his next big move.
Currently trading above the 40500 key level, the next one is either 39000 or 46500.
On 4H the next level is either 42220 or 39400.
Follow the nasdaq and S&P500. Bitcoin tends to trend in the same way as these financial indexes. Right now the global trend is bearish but short term is bullish.
Kommentera:
On 4H, the 42220 level got reached, and price bounced on it.
Free fall now.
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