bitboi

Short Term Bitcoin Outlook

BITMEX:XBTUSD.P   Bitcoin
First time publishing a trade.

Bitcoin will bounce in the 10,580 area due to converging support of the set-up trend line, the 200 period MA, and the .382 fib.

If previous resistance is broken, the price should reach around 11.2K at the .618 fib.
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.