Unfortunately, BTC was unable to rise above $ 54,000 and drop to $ 52,400.
It is now facing the $ 54000 price (resistance) and the 9 period moving average.
At this point, it could exceed $ 54,000 or drop to as low as $ 50,000.
A close above $ 54,000 would lead BTC to test $ 56500. To then come to terms with $ 60,000.
For some days we have been moving in a trading range, so the following levels obtained with a standard deviation of 5 days could be exploited for an intraday operation: 51100 e 56050.
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.
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