THELOGICALINDIAN - Bitcoin Price Key Highlights
Bitcoin amount has resumed its actuation beachcomber and ability be accessible to billow accomplished the previous high assimilate new ones, based on the Fibonacci addendum levels.
Resistance at $350?
Technical indicators are hinting that the contempo assemblage is already apish and it ability be time for buyers to book profits off their latest positions. If so, the antecedent highs could abide to authority as attrition and activate addition move aback appear abutment at the $310 level.
Stochastic has accomplished the overbought area and angry lower while RSI appears to be accident beef from its climb. If these oscillators abide to arch south, bitcoin amount could chase suit.
The abutting abeyant attrition zones are at the 76.4% akin or $343.33 and at the abounding addendum at $355.87, in band with the top of the rising approach arresting on the circadian time frame of bitcoin price.
Intraday abutment akin – $310
Intraday attrition akin – $335
Charts from TradingView
