source avatarSDC Trader

Share

$BTC Received some questions about Bitcoin. Monday a big push above the early September high, but so far no interest at buyers to push further. Markets might need a retest of the the breakout. If that assumed breakout succeeds, up to 90K - 100K. If it fails, Mondays high will probably mark the top of the weekly cycle and more down pressure is coming. A test of the rising weekly MA21 should be next. The brown line keeps rising, so a bottom in the purple demandzone (down to 74ishK) could come.

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.