Bitcoin appears CME GAP below $60K, what should investors pay attention to?
MA 200D is a long-term trend line that has been tested throughout many cycles. Every time Bitcoin runs above this line, it is considered a bullish signal.
In addition, there is also some other interesting information such as the average price of Bitcoin in ETFs is near $59,207. This shows that a relatively large buying force is subsidizing Bitcoin's price.
As for TradeCoinVN, we offer some perspectives below:
- BTC has recovered impressively beyond the 60k mark. If the backtest retests the beautiful trendline, it can continue to increase to the 68k area.
- BTC DOM is tending to recover in the short term
- Bitcoin CME GAP at the price range of $57,800
If you have accumulated Bitcoin/Altcoin during the recent correction, be confident in making profits in the long term. However, always leave some USDT room in case Bitcoin corrects or "fills the gap" at $57.8k.
