Bitduke

XBTUSD: Daily Analysis

Largo
BITMEX:XBTUSD.P   Bitcoin
XBTUSD.P stopped its rally today after rejection at resistance and is now trading below $9000.

Levels I see: $8900 - $9300 for resistance and $8650 - 8500 for the support.

XBT could continue correcting lower to $8400, so I prefer to wait here and watch. After a new range will be established I will be looking for entry points for longs.

Overall trend is still definitely bullish for me, even $8000 retest(purple line) will be fine.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.

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