Bitcoin has so far continued to slow down the slide
#BTC Main 16.08.2022đź“Š
BTC: $ 24,000
ETH: $ 1,800
BITCOIN DOMINANCE 40,94%
TOTAL MARKET CAP $ 1.12T
Crypto Fear & Greed Index: 44
đź“ŠBitcoin has so far continued to slowly slide lower, even with the growth of American markets.
Given the correlation with the S&P500 and NASDAQ, Bitcoin will soon have to catch up with them, however, I am considering another option.
Within the framework of an uptrend and a preload to the limit resistance of $ 24.950, we can see a descent to test the trend-inclined support (global), since the price has not descended to it for a long time.
In this case, we are waiting for a correction to $ 23,000 - $23,200.
Have a good trading dayđź‘Ś
BTC: $ 24,000
ETH: $ 1,800
BITCOIN DOMINANCE 40,94%
TOTAL MARKET CAP $ 1.12T
Crypto Fear & Greed Index: 44
đź“ŠBitcoin has so far continued to slowly slide lower, even with the growth of American markets.
Given the correlation with the S&P500 and NASDAQ, Bitcoin will soon have to catch up with them, however, I am considering another option.
Within the framework of an uptrend and a preload to the limit resistance of $ 24.950, we can see a descent to test the trend-inclined support (global), since the price has not descended to it for a long time.
In this case, we are waiting for a correction to $ 23,000 - $23,200.
Have a good trading dayđź‘Ś
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