Crazy week in Bitcoin!



We finally saw some volatility both to the upside and to the downside

For next week the daily EMA-50 will be important level for resistance and the 4H EMA-50 for support.

Scenario 1:
Price tests daily EMA-50 as resistance and fails to break it fully

Scenario 2: Price goes below the 4H EMA-50 and then tests it as resistance

These scenarios may not play out, but if they do I’ll be targeting 25.5k
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)