The first attempt to stimulate Bitcoin's momentum failed, keeping the March/April plan in place.
Momentum briefly broke above zero but lacked the strength to break out decisively and has now returned to the consolidation zone.
This sideways movement may continue as long as Bitcoin's price remains between $62,300 and $62,500 and momentum stays within the consolidation zone.
In this scenario, the failure of initial attempts will be part of the game.
Breaking out of the consolidation zone is what will push Bitcoin out and back to the point of collapse.
Key levels to watch are 63,820 and 1,830 for Ethereum, and 61,243 and 58,250 for Bitcoin.
#BİNANCE
Momentum briefly broke above zero but lacked the strength to break out decisively and has now returned to the consolidation zone.
This sideways movement may continue as long as Bitcoin's price remains between $62,300 and $62,500 and momentum stays within the consolidation zone.
In this scenario, the failure of initial attempts will be part of the game.
Breaking out of the consolidation zone is what will push Bitcoin out and back to the point of collapse.
Key levels to watch are 63,820 and 1,830 for Ethereum, and 61,243 and 58,250 for Bitcoin.
#BİNANCE