Today the technical analysis in Bitcoin shows us that we are still in the bullish line, however what I would like to see is that it holds the level of $42,500 and reaches the target of $47000.
If the market does not hold at the $42500 level I would look for a DCA buy at the $37000 level as a distant target.
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Bitcoin Technical Analysis with CPR
In Bitcoin after the time change we have the new CPRs which are between 38358 to 30594. This shows us that the market would like to reach the $48000 levels which are the old CPR levels and make a correction to the new CPRs.
How to Buy Bitcoin (BTC) Step by Step
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Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money
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