60k is a key price level.
Breaking significant psychological barrier needs multiple attempts. Fakeouts (eg. the last time 64k) are included.
Psychological point. ==> "It's the top" (=Not much belief left.), "The parabolic hasn't started yet" (=Much belief left.)
Market now: Undecided, but with less and less supply left. (Non-believers sold. Believers bought and pulled out assets from exchanges. Check Glassnode or your Twitter feed for data.)
Similar situation: Before 10k in 2020. Before 20k in 2020. We are in a range.
Breaking significant psychological barrier needs multiple attempts. Fakeouts (eg. the last time 64k) are included.
Psychological point. ==> "It's the top" (=Not much belief left.), "The parabolic hasn't started yet" (=Much belief left.)
Market now: Undecided, but with less and less supply left. (Non-believers sold. Believers bought and pulled out assets from exchanges. Check Glassnode or your Twitter feed for data.)
Similar situation: Before 10k in 2020. Before 20k in 2020. We are in a range.
Nota
Still in a range. Range is broken if 3D closes outside of the range.Nota
Range is broken. Let's see how deep this goes down.
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.