Buying relief supplying Liquidity for further downside pressure
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
- Steadily approaching the Hold-Zone following, some initial selling pressure in the Dollar at the beginning of this week.
- Current upside expected to be used as liquidity, for further downside pressure, as economic data is released throughout this week.
- Current mid-term outlook is short, unless 43,000.00 is flipped, to support.
————————————-
12,000 – 25,000 – Hodl zone.
25,000 – 33,000 – Premium buy zone (Aggressive buying).
33,000 – 40 ,500 – Buy zone (Casually daily / weekly DCA ).
40 ,500 – 47,000 – Hodl Zone.
47,000 – 55,000 – Sell Zone (Casually daily / weekly DCA ).
55,000 – 69,000 – Aggressive Selling.
