The structural outlook for BTCUSD remains neutral-to-bearish "as long as price remains below the 76,008" (BTCUSD index chart). A breach of this level would signal the opening of a new pico high weekly window with potentially higher numbers, requiring a rigorous assessment of daily cycle counts (time-wise) "IF" this current rally holds (means if the up trend will continue this week), the April 21–22 timeframe lines up as a major inflection point, marking both the 2D chart peak (time-wise), and the start of a weekly pico high window

Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.