Hi guys, let's review the current situation on Bitcoin.
Yesterday Bitcoin price started sharp rise and most likely it was reaction on the news that BlackRock filled an application with SEC for Bitcoin ETF. Also, other large institutions like Fidelity and Citadel launched Bitcoin exchange EDX. All these positive news for Bitcoin provoked price surge. In my previous post I indicated 27300 as main target since I wasn't sure if price will go down to retest 25250 or will go up to test next resistance at 28k. But it seems like Bitcoin didn't even notice these two resistance and went straight to 29k. At this point it's important for BTC price to stay above 28k to gain stength to go to next resistance at 29600-30000. I expect some correction from 29k up to 28300-28000 and after that go back testing 29k and above.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.