Get started
TraderThierry

BTC BOUNCE OFF 100MA

Bitcoin (BITSTAMP:BTCUSD)  
TraderThierry  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance BTCUSD buythedip pullback notfinancialadvice
2
0
trendanalysis supportandresistance btcusd buythedip pullback notfinancialadvice
Do not panic. BTC has had a strong pullback in the last couple of days, crushing through the 50MA that hadn’t been crossed in 4 months. But as we can see, the price is finding support at the 100MA level. We could see a pump to new highs in the coming weeks.

This is not financial advice
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.