BTC over the last 24 hours has been moving higher but has a lot more work to do before I will be convinced that the worst of this pullback is over.
Below are the steps I feel are necessary for BTC to continue higher.
1) I would like to see BTC clear the most recent high at $15131, it will have to overcome resistance in the $15,000 area first.
2) Next, BTC will need to break through resistance in the $16,000 area then clear the high at $16,494.
3) I see significant resistance between $16,000 and $17,000 so if BTC can break above $17,000 IMO it will have enough momentum that a new all-time high would follow fairly soon.
Below are the steps I feel are necessary for BTC to continue higher.
1) I would like to see BTC clear the most recent high at $15131, it will have to overcome resistance in the $15,000 area first.
2) Next, BTC will need to break through resistance in the $16,000 area then clear the high at $16,494.
3) I see significant resistance between $16,000 and $17,000 so if BTC can break above $17,000 IMO it will have enough momentum that a new all-time high would follow fairly soon.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.