Bitcoin next moves
https://www.tradingview.com/chart/Oq9e9fSQ/
Bitcoin analyzing the 4 hour and daily chart, could have a rebound and then fall again, the question will be if it will fall more or not, on the charts there is a good possibility that it will break to look for the 200 moving averages in the area close to US$36,500, a strong resistance also supported on the weekly chart. If the price reaches here, we will have to monitor the rebound that occurs to see if it is definitive or just a consolidation level before a definitive impulse to start new highs, surely achieved in the last quarter of 2024
Bitcoin analyzing the 4 hour and daily chart, could have a rebound and then fall again, the question will be if it will fall more or not, on the charts there is a good possibility that it will break to look for the 200 moving averages in the area close to US$36,500, a strong resistance also supported on the weekly chart. If the price reaches here, we will have to monitor the rebound that occurs to see if it is definitive or just a consolidation level before a definitive impulse to start new highs, surely achieved in the last quarter of 2024
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