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In this analysis I want to take a look at Bitcoin's chart over the last ~2 years. Note that the top purple resistance of the channel is a direct copy of the bottom support.
Time is running out for the bulls. BTC is just a couple of days away from potentially breaking below the yellow bullish support line which has been providing bullish guidance for all of 2023. Furthermore, the bulls seem to be having a lot of troubles breaking through the top purple resistance.
With the stock market falling, things are starting to look a little bleak for Bitcoin. Then again, we're still above the yellow support, to bulls are technically still in control.
But for how long?
Do you think a dump is imminent? Or are we going back up? Share your thoughts below🙏
In this analysis I want to take a look at Bitcoin's chart over the last ~2 years. Note that the top purple resistance of the channel is a direct copy of the bottom support.
Time is running out for the bulls. BTC is just a couple of days away from potentially breaking below the yellow bullish support line which has been providing bullish guidance for all of 2023. Furthermore, the bulls seem to be having a lot of troubles breaking through the top purple resistance.
With the stock market falling, things are starting to look a little bleak for Bitcoin. Then again, we're still above the yellow support, to bulls are technically still in control.
But for how long?
Do you think a dump is imminent? Or are we going back up? Share your thoughts below🙏
Not
Getting early signs of a bullish reversal from the yellow support!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
İlgili yayınlar
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
İlgili yayınlar
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.