Bitcoin Chart Review and Update #46 ?


Bitcoin chart review


BTC CHART Published by Philosof at #Tradingview

Comment: BTC bounce to ~9200-9300 done 👌 Hit 9306. There is still open zone up till ~9450 that also should attract the price. But so far volume ain't coming from bulls, so this may turn out into bear flag and drag price back down to 9055 / 8920 and eventually lower, if none of above supports won't hold. Target for bear flag breakdown - 8500-8600. If that bounce won't give volume, in one more week to ~7630.

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Today we may expect it to bounce back to previously broken SR at ~9200-9300 ✅

(if) 9200 support break down and price drops to the next support levels at 9100 / 8900 ✅

Resistance: 9250 - 9444 - 9650
Support: 9055 - 8900 - 8730 - 8630

Fear & Greed index: 40 (<= 42 <= 49 <= 52)
BTC Dominance: 66.1% (<= 66.2 <= 66.6 <= 67)
24h Volume: $1201 billion (<= 127 <= 118 <= 122)

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