Reclaiming the 40-week moving average on the upside will be the first hurdle to cross, along with the Feb. high at 45850 and yearly high at 47989. From there we should get a better idea of whether or not interest is going to show. On the downside, taking out the yearly low at 32950 will have big support in play at 28600. This is considered a major threshold for Bitcoin to hold if it is to keep from turning into a slowly deflating bubble.
Disclaimer: I'm not a signals provider, trading trainer, quasi-fund manager, or a brokerage promoter. In short, I'm not soliciting for business in the Tradingview space or anywhere else. If you read that I'm CEO of The Grand Nagus Unlimited Ltd., without cracking a smile, you need to watch telly a bit more. The opinions stated in my posts are for entertainment purposes only.
Disclaimer: I'm not a signals provider, trading trainer, quasi-fund manager, or a brokerage promoter. In short, I'm not soliciting for business in the Tradingview space or anywhere else. If you read that I'm CEO of The Grand Nagus Unlimited Ltd., without cracking a smile, you need to watch telly a bit more. The opinions stated in my posts are for entertainment purposes only.
Comment:
Considering the sluggish nature of Btc recently, the title should be changed to 'next month'.
Comment:
Come on, another 3K tomorrow, don't leave it till next week!