Bitcoin's swift resurgence comes as no surprise, given the impressive speed observed across various timeframes where the price surged relentlessly, rendering trend lines seemingly impossible to draw.
The target for price speculators this week is to surpass the resistance around the $70,800 mark to sustain the upward trend in the medium and long term. Potential resistance zones to note include psychological barriers like $68,000 as prices establish unprecedented levels.
However, the significant increase in volume over the past few weeks is also noteworthy. It indicates that whales are profit-taking around the highest price levels after a period of accumulation, especially with the first week of 2024 nearing its end.
The target for price speculators this week is to surpass the resistance around the $70,800 mark to sustain the upward trend in the medium and long term. Potential resistance zones to note include psychological barriers like $68,000 as prices establish unprecedented levels.
However, the significant increase in volume over the past few weeks is also noteworthy. It indicates that whales are profit-taking around the highest price levels after a period of accumulation, especially with the first week of 2024 nearing its end.
Nota
Nota
RSI goes up, selling pressure decreases, price is likely to turn upNota
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Penerbitan berkaitan
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.