Bitcoin<\/a> initially pulled back a little bit deeper during the trading session on Monday, but we have turned around to show some signs of life. I think at this point in time, Bitcoin isn\u2019t going anywhere one way or the other. I think we\u2019re going to stay in this range and those who are quick enough might be able to take advantage as they occur on these little dips. That being said, I don\u2019t necessarily think that Bitcoin is going to take to the upside very strongly either. I think we\u2019re trying to form some type of range with the $75,000 level being an area that\u2019s significant support, and the $90,000 level above being an area that\u2019s significant resistance.<\/p>\nWe are currently right around the $82,000 level. So, we aren\u2019t quite in the middle of it, but we\u2019re pretty close. So, I think at this point in time, you\u2019re basically at fair value. For myself, I\u2019ve been dollar cost averaging into this pullback, but this is just a tiny amount weekly. It\u2019s not something I plan on trading. It\u2019s an investment, so it\u2019s not such a big deal. But for those trading this market, you have to be aware of this potential range that we are forming.<\/p>\n<\/div>\n
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[ad_1] Bitcoin Technical Analysis Bitcoin initially pulled back a little bit deeper during the trading session on Monday, but we have turned around to show some signs of life. I think at this point in time, Bitcoin isn\u2019t going anywhere one way or the other. I think we\u2019re going to stay in this range and those who are quick enough might be able to take advantage as they occur on these little dips. That being said, I don\u2019t necessarily think that Bitcoin is going to take to the upside very strongly either. I think we\u2019re trying to form some type of range with the $75,000 level being an area that\u2019s significant support, and the $90,000 level above being an area that\u2019s significant resistance. We are currently right around the $82,000 level. So, we aren\u2019t quite in the middle of it, but we\u2019re pretty close. So, I think at this point in time, you\u2019re basically at fair value. For myself, I\u2019ve been dollar cost averaging into this pullback, but this is just a tiny amount weekly. It\u2019s not something I plan on trading. It\u2019s an investment, so it\u2019s not such a big deal. But for those trading this market, you have to be aware of this potential range that we are forming. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":40948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-40947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/40947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=40947"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/40947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/40948"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=40947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=40947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=40947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}