$BTC
Bitcoin has recovered from a low of $72,032 today and is trading at $73,560. The market is still in Fear!
*Key Data:*
Price: $73,560
Fear & Greed: 28 / Fear
RSI (Daily): 33.9 - Near oversold, but a reversal is not confirmed yet
MACD: Negative - Sellers are still strong 1e7a0a23
*Levels To Watch:*
Support: $73,500 / $72,000 / $70,000
Resistance: $74,659 / $75,565 / $77,633 04a7
*My View:*
If it holds above $73,000, a short bounce to $75,000 is possible. If $72,000 breaks, it could dip to $70,000.
There has been a $300M outflow from ETFs, so don't use leverage too soon. d6be
#Bitcoin #cryptouniverseofficial #BinanceSquare #CryptoInsiderSadaqat #BTCUpdate
Bitcoin has recovered from a low of $72,032 today and is trading at $73,560. The market is still in Fear!
*Key Data:*
Price: $73,560
Fear & Greed: 28 / Fear
RSI (Daily): 33.9 - Near oversold, but a reversal is not confirmed yet
MACD: Negative - Sellers are still strong 1e7a0a23
*Levels To Watch:*
Support: $73,500 / $72,000 / $70,000
Resistance: $74,659 / $75,565 / $77,633 04a7
*My View:*
If it holds above $73,000, a short bounce to $75,000 is possible. If $72,000 breaks, it could dip to $70,000.
There has been a $300M outflow from ETFs, so don't use leverage too soon. d6be
#Bitcoin #cryptouniverseofficial #BinanceSquare #CryptoInsiderSadaqat #BTCUpdate
