Looks like the bulls have finally managed to take control after a long sideways battle.
In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to continue the rally after breaking above the $17,700 level. We had anticipated the price to test the resistance at $19,750, which was seen on Monday. BTC extended its gains to $21,660 before being rejected by the supply zone.
At the time of writing, it looks like BTC is consolidating after the strong rally. Traders can expect a sideway movement for a few days between the range of $20,000 and $21,700.
Once the price is able to break out of the sideways zone, the path to the next resistance at $22,800 will be clear.
However, traders must be cautious as this consolidation could also lead to a breakdown of the support at $20,000. If this breakdown happens, expect the price to plummet to $17,700 once again. To be safe, traders can wait for a breakout from the consolidation phase.
The major points of interest are $20,000 and $21,700.
In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to continue the rally after breaking above the $17,700 level. We had anticipated the price to test the resistance at $19,750, which was seen on Monday. BTC extended its gains to $21,660 before being rejected by the supply zone.
At the time of writing, it looks like BTC is consolidating after the strong rally. Traders can expect a sideway movement for a few days between the range of $20,000 and $21,700.
Once the price is able to break out of the sideways zone, the path to the next resistance at $22,800 will be clear.
However, traders must be cautious as this consolidation could also lead to a breakdown of the support at $20,000. If this breakdown happens, expect the price to plummet to $17,700 once again. To be safe, traders can wait for a breakout from the consolidation phase.
The major points of interest are $20,000 and $21,700.
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.