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Bitcoin support zone


bitcoin support zone

green). As a reminder, 17K is the lowest number of open shorts since February 2018. Daily charts RSI: Stochastic RSI oscillator is stretched out and could be crossing down soon in the overbought area. As always when there is a strong move in Bitcoin, the Altcoins are affected. This could signal on a coming up correction to bitcoin 1 million wert retest prior support levels. Looking at the 1-day 4-hour charts.

Following the surge, Bitcoin is now facing the 5000 resistance area. This oscillator has plenty of room to head lower before hitting oversold levels, which suggests that bears could stay in the game for a bit longer. Support/Resistance: From above, Bitcoin is still facing the 5000 area. Back in 2018, when everyone, besides us, was sure that Bitcoin would be holding up forever the bear markets bottom at 6000, we all know how it ended. Total Market Cap: 174.45 Billion, bitcoin Market Cap:.7 Billion. That teaches us that the sellers are still around and still active. Back to our times: When everyone was sure we are at least going to visit the 3000 area one more time, or this bear market will only recover somewhere during, then it came: an explosion: In a matter of hours, Bitcoin gained. This could also mean that support is more likely to break than to hold. The bears had set there high supply levels and it seems bitcoin rate in india zebpay that the task wont be so easy. Its likely to see the strong daily MA-200 getting retested again Whether it will be soon, around or in the next couple of weeks. Bitcoin Dominance 50 Warning On our previous BTC price analysis, weve warned that the Bitcoin dominance, which is the BTC share over the crypto markets, gets to 50 for the first time in months. Monitoring the volume in the next days will be interesting.



bitcoin support zone

DLavrov 2215 views 6 hours.
Watch live, bitcoin to Dollar charts, follow btcusd prices in real-time and get.
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Support to resistance reversal zone, wish you many.

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