Bitcoin is holding an important level to go higher.
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Since the last TA, nothing has changed, we again saw a slight volatility from the FOMC to the $17,400 zone
At the moment, bitcoin is holding on to the $17,000-16,800 zone, which is actually good that the buyer has not failed this zone and there is a chance to see a test of the $17,600-18,000 range. For now, I think there will be a correction below $16,500 And after that they will start to endure.
The boring Flat continues and there is nothing more to add from the side of TA, but I don’t see any reason to write about the rest of FUD, I myself am temporarily out of position, I’m waiting for a slight correction down to $16,500-16,150 from there I will again gain a position in LONG.
Since the last TA, nothing has changed, we again saw a slight volatility from the FOMC to the $17,400 zone
At the moment, bitcoin is holding on to the $17,000-16,800 zone, which is actually good that the buyer has not failed this zone and there is a chance to see a test of the $17,600-18,000 range. For now, I think there will be a correction below $16,500 And after that they will start to endure.
The boring Flat continues and there is nothing more to add from the side of TA, but I don’t see any reason to write about the rest of FUD, I myself am temporarily out of position, I’m waiting for a slight correction down to $16,500-16,150 from there I will again gain a position in LONG.
