Bitcoin Explodes Gaining Better than 9% This Wednesday Morning
Economía

Bitcoin Explodes Gaining Better than 9% This Wednesday Morning

9 March 2022 · [email protected]

BTC/USDt Update 10:00 a.m. Wednesday March 9, 2022. Bitcoin is now trading at $42230—about a 9.2% gain so far today.  This is a nice move but still short of the 45400 resistance.  If the move from the 32917 Jan 23 low is a triangle, then we can expect a drop in price soon.  A move above the 45400 from here will

The juncture warning of a triangle but the structure below Minuette degree counts both ways and look better as impulses.  Regardless, price has been contracting since the 33329 Jan 24 low.   

Resistance:  45400 Minuette (b) high.  Support: 37155 Mar 6th Minuette C low, 34322 Feb 23 Minuette (a) low

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