source avatarCRYPTOMOJO_TA

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Retest is done as we expected. ✅ BTC bounced back to retest the broken support around $62.9K and got rejected. This retest has also given some relief to the RSI, creating room for another move lower if bearish momentum continues. Still, it's better to wait for the weekly candle close before making any aggressive moves. If the weekly close confirms weakness, short opportunities may appear on BTC and other alts. #BTC #Bitcoin

No.0 picture
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.