Bitcoin Trend Analytics May 1st, about to breakout
Turning point: breakup the center and remains above it for 24 hours
Data updates:
38k is no longer a strong support of the range.
Possibilities of downward breakout increase.
BTC has come to a tipping point of breakout in 1-5 days.
If the price remains under the center, it is likely to go down, and vice versa. Now- downward.
Fed’s decision is critical to the direction of BTC .
Read our latest idea of how the Fed’s decision will impact BTC .
Safe trading, pals. Hope it's useful. Comment if you have any ideas and we'd love a discussion.
Data updates:
38k is no longer a strong support of the range.
Possibilities of downward breakout increase.
BTC has come to a tipping point of breakout in 1-5 days.
If the price remains under the center, it is likely to go down, and vice versa. Now- downward.
Fed’s decision is critical to the direction of BTC .
Read our latest idea of how the Fed’s decision will impact BTC .
Safe trading, pals. Hope it's useful. Comment if you have any ideas and we'd love a discussion.
- look at the resistance & support lines I gave on the chart.
$38824 was functioning as resistance yesterday.