Bitcoin analysis on hourly chart
Bitcoin is trading at an all time high levels. Looking at the Moving averages lines, 200 MA is acting as a crucial support level. Trading in the range market could possibly lead to wrong trade setup. Wait for the levels for long and short positions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.