Maximilian_FX

What changes in BTCUSD?

BITSTAMP:BTCUSD   Bitcoin
Hello everyone, let's discuss and strategize the day with me!

Overall, ATH is faster than our previous expectations. It completely broke through the psychological threshold of 70,000 USD, increasing sharply until now, what is happening right now?

The possibility of a decline in BTCUSD cannot be ruled out, because when observed closely with the RSI technical indicator, it is in an overbought condition > 70. I do not give the possibility of this happening as 100% but I rely on the current situation.

I want to update this interesting content: The 75000-80000 range becomes strong resistance for this coin. And if the downside is likely around the upper range the price could retest the 65000 support level.
Trade active
Trade active

Join my free signals group 🚀:
t.me/+16ffd-vaSQI5ZmFl
High quality signal 📈
Let's make profits together 💰
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.