$BTC The weekly candle is really giving bearish vibes. We retest a previous support level with a sharp red candle, smashing right into liquidity. During the bull market, we used to smash into resistance with strong impulses. Now it's the exact opposite. Currently, volatility is very high, which confirms something big is indeed happening with Bitcoin. The move is surely not over. The next weekly candle can send us to 54k.
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.