Dec 28, · BTC/USD Analysis. I wrote last Wednesday that the price getting established above the former resistance level at $23, was a bullish sign. I thought that there were no obvious resistance levels above the price except maybe the all-time high just above $24, and the huge major round number and psychological level at $25, Oct 12, · Although Bitcoins are not a traditional currency, they are also frequently available for Forex trading through many brokers. However, whereas in the conventional currency market the fluctuation in value is measured in small fractions of a penny, the value of Bitcoins can fall and rise hugely during the course of a trading day, often jumping up and down in amounts of a whole Dollar or more. ute-strohner.de is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number ute-strohner.de may, from time to time, offer payment processing services with respect to card deposits through.
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Looks like upward pressure may continue in the 6h time frame at least until the 3-Day candle closes in approximately 17 hours. Where that takes the price action is hard to say. However, I'm one From a TA perspective it seems hardly sustainable to see the price of BTC grow as much as it has this recent time Bitcoin the last times showed up with bullish moves managing to breakout above its established range and mark above the As we can see, the price began to grow rapidly again.
Note that two new and important zones have appeared - a resistance zone and a support zone. The price often broke through the support zone, but the price pushed away from the resistance zone and headed down. For today's idea, this is a good hint of where the price will go This publication is simply to REMIND everyone we are still waiting to see how the price action and indicators react over the next 30 hours.
At which point we will have a new 2-Day and 3-Day candle. I will follow up with a much shorter video to emphasize a couple of things. With perpetual swaps hitting very high levels in funding rates. It's singling to the market high probability pullback may happen soon. Binance and OKEX are trying to frontrun the market by shorting earlier. Market wont dump until most retail that is already short is not cleared out of the way.
Likewise a chance of a leg up to wipe out degen short traders is We waited and waited and ended with no retrace after all. As I mentioned before, all the retraces and corrections for Bitcoin have been non-existent in the past few months Adam Lemon.
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