ClearValue Team Insights
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BTC Rebounds Around $67K
BTC has started forming a reversal around $67k, which is way above the $65k support level. This is a positive sign, and I would monitor to see if BTC can break through $69k on this upswing. Tomorrow’s monthly candle close will be important, bulls want a strong monthy candle close preferably above $70k. BTC Breaks […]Read More
ETH Rejected at $3,900
ETH also was rejected at the lower end of the yellow zone around $3,900. The price is still holding up pretty well around $3,800. ETH is currently in a downtrend, and I would monitor for a short-term reversal. I will give an update when ETH reverses (unless I’m sleeping). This week’s monthly candle close will […]Read More
BTC Rejected at $69k
BTC failed to break through the $69k resistance level, and is in a downtrend right now. I would monitor for a short-term reversal. The next key support level is around $65k. The Friday weekly candle close will be important, the rest of the price action is just noise. As discussed yesterday, BTC needs to have […]Read More