$BTC Daily chart.
BTC had multiple failed attempts to keep the price above $70k on 1D chart.
Looking at this you can guess how important this zone is.
Patience unless you see it starts picking up some volume.
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$BTC Weekly update
it's been 12 weeks now Bitcoin is trading within the same price range.
Many traders are flipping their bias inbetween, One day bullish and the next day bearish. it's very normal in such market condition. People only pay attention to 15 minutes chart or 4hr chart but they ignore what high timeframe is doing.
As long as price is trading within this range, i don't see a reason to flip flop the bias every next day.
At this point you just need to be patient and see on which side price breaks, A breakout into any side will be your directional play on BTC.
it's been 12 weeks now Bitcoin is trading within the same price range.
Many traders are flipping their bias inbetween, One day bullish and the next day bearish. it's very normal in such market condition. People only pay attention to 15 minutes chart or 4hr chart but they ignore what high timeframe is doing.
As long as price is trading within this range, i don't see a reason to flip flop the bias every next day.
At this point you just need to be patient and see on which side price breaks, A breakout into any side will be your directional play on BTC.
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BTC
60.640,89
+0.37%
Svar 4