Near the top of a descending channel and also challenging the 100 day moving average.
Volume is relatively weak but the RSI is starting to curl up again so a push towards the $10k level is feasible if it can rally over the 100 day which is sitting just shy of $9.6k.
Thing to watch will be either a rejection of the long running trend line from June or break out above it.
With Lagarde promising to annihilate European savings accounts and the Fed pumping billions of liquidity into the market there's a good chance that liquidity is going to be looking for a home in more places than just stocks...
Volume is relatively weak but the RSI is starting to curl up again so a push towards the $10k level is feasible if it can rally over the 100 day which is sitting just shy of $9.6k.
Thing to watch will be either a rejection of the long running trend line from June or break out above it.
With Lagarde promising to annihilate European savings accounts and the Fed pumping billions of liquidity into the market there's a good chance that liquidity is going to be looking for a home in more places than just stocks...
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Penafian
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BTC tip jar: 3M8n2mAZyW1ZqM8bkgy3XvixmfPWCw3HDB
LTC tip jar: MGvngBWsTRNYy1dWzsgP1FcdQgY97tXS8f
ETH tip jar:
0x1D74173919d75550A5084726FE28bB51aE9d0Ad8
LTC tip jar: MGvngBWsTRNYy1dWzsgP1FcdQgY97tXS8f
ETH tip jar:
0x1D74173919d75550A5084726FE28bB51aE9d0Ad8
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.