Trybe TV – Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE – by Workin
Bitcoin continues to consolidate just above of the $3,800 support on Coinbase. Volume remains low overall, which is a bit concerning. Price is being squeezed as the bulls and bears fight for control. I wouldn’t be surprised to see a larger move in the next 24-48 hours.
Looking at the daily chart, we see price is hovering right on top of the 21 Day EMA.
In today’s video analysis I discuss, various scenarios to prepare for, where price may be heading next and so much more. I hope you find it helpful.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!
Disclaimer: I am NOT a financial advisor and this is NOT financial advice. Please always do your own research before investing.
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