breadzeppelin

BTC 2h chart hovering above key area

BITSTAMP:BTCUSD   Bitcoin
BTC short term chart looking a little weak with the 20 day MA firmly overhead and two new overhead resistance lines.

Coming out of oversold but not looking fantastic. Possible further downside towards 50k but room to run before the overhead resistance as well.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.