Bitcoin over the weekend failed to break through the 48800 resistance by sliding into the 45000 zone.
Certainly the news that Binance is under investigation for possible insider trading and market manipulation did not favor the upward movement that many expected after exceeding 48K.
From a technical point of view, a retest of 48300 could favor the long-awaited rebound.
Exceeding the 48800 area would lead us to test new highs. For intraday trading I report the usual table with levels. Happy trading everyone.
FEAR E GREED INDEX è neutrale a 50. DOMINANZE BTC 42.12
Happy trading everyone.
A purchase condition is being configured on the 4-hour chart if the price bounces off the trend line.
Chart from tradingview.com
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