Bitcoin price is forming the next consolidation between $43,500 and $44,500. So far, BTC investors see no sign of a major correction. The momentum in the market is so strong that the price of the cryptocurrency barely comes into contact with the 4-hour EMAs. Yesterday’s trading day, December 6th, saw the first red daily candle after 5 bullish days in a row. The top in the futures is at $44,800, while the spot markets have seen their maximum at around $44,500.
Bitcoin price: Important supports and resistances
Support mark: $43,300
Resistance level: $44,240
All details in the video:
Over
Bastian Keller has been operating independently in the Forex market since 2015 and has been a full-time trader in the crypto market since 2018. He actively shares this expertise on various social media platforms, especially on his YouTube channel “Bitbull Trading”, with more than 36,500 subscribers.
In addition to his YouTube channel, he has already built a community with more than 4,000 active members. This offers both beginners and experienced traders the opportunity to improve their skills to a professional level. The focus is on operating profitably in the market in the long term, regardless of your location.
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