BTC, which dropped sharply last weekend, continues to fall this week.
Especially recently, dominance and volume have been declining, we can see that the number of transactions is decreasing.
There is strong $52,000 support line,on the other hand, the short-term and medium-term moving averages lines of $58,000 and $60,000 become walls
The upside is expected to remain untouched for some time.
However, a break below $52,000 means a breakout of the rising parallel channel.
It can lead to a drop of $48,000 or more.
The market price of patience is likely to continue.
Especially recently, dominance and volume have been declining, we can see that the number of transactions is decreasing.
There is strong $52,000 support line,on the other hand, the short-term and medium-term moving averages lines of $58,000 and $60,000 become walls
The upside is expected to remain untouched for some time.
However, a break below $52,000 means a breakout of the rising parallel channel.
It can lead to a drop of $48,000 or more.
The market price of patience is likely to continue.
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.