Bitcoin bounces quickly after a brief drop to 4500$ yesterday. The bitcoin price rose by 13% after BAKKT Funding News and Starbucks integration news hit the media.
After a brief bounce from 5000$ in morning hours, bitcoin is looking bullish on the lower time frame. Bitcoin price is trading above the mid-range of an accumulation channel.
Bitcoin also formed an ascending triangle channel that has support at 4750$, and resistance is at above 6200$.
21MA on 4H which acted as resistance for bitcoin is now turning into support.
If Bitcoin manages to hold 5100$ as support, then I expect bitcoin to break above 6000$ in next 24 hours.
After a brief bounce from 5000$ in morning hours, bitcoin is looking bullish on the lower time frame. Bitcoin price is trading above the mid-range of an accumulation channel.
Bitcoin also formed an ascending triangle channel that has support at 4750$, and resistance is at above 6200$.
21MA on 4H which acted as resistance for bitcoin is now turning into support.
If Bitcoin manages to hold 5100$ as support, then I expect bitcoin to break above 6000$ in next 24 hours.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.