A technical analyst’s view | Well-known trader: The Binance hack could mark the market bottom; a rally afterward would be the best way to recoup losses
The previous low and key moving averages won’t change because of the news. These are the levels to watch. Next, I’ll be watching to see whether trading volume can stay above the levels of the past few days.
My first impression is negative, but the size of the impact depends on whether selling pressure continues.
$BTC currently stands at 77320.52, down 3.62% on the day.
#BTC
Don’t take what I say as advice.
The previous low and key moving averages won’t change because of the news. These are the levels to watch. Next, I’ll be watching to see whether trading volume can stay above the levels of the past few days.
My first impression is negative, but the size of the impact depends on whether selling pressure continues.
$BTC currently stands at 77320.52, down 3.62% on the day.
#BTC
Don’t take what I say as advice.
