Hello traders,
In this idea you can see that the BTC price on the daily chart (24H) is resisting for a while at the same level where it was holding for a month. Around 794.532 Level. As for the new the price broke a resistance leven it is possible that the price will drop for a while.
At this point for long term holding it is in my opinion better to avoid as it will decide to move into a short.
*This Analysis is for educational purposes only and is not financial advise.
In this idea you can see that the BTC price on the daily chart (24H) is resisting for a while at the same level where it was holding for a month. Around 794.532 Level. As for the new the price broke a resistance leven it is possible that the price will drop for a while.
At this point for long term holding it is in my opinion better to avoid as it will decide to move into a short.
*This Analysis is for educational purposes only and is not financial advise.
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