BTCUSD afternoon update
BTCUSD's bullish price action is not very encouraging. It has fallen outside both pitchforks without tagging either median line.
I suspect that price will continue to fall, and supports at 60182.55 and 56547.64 are likely to be challenged.
If 56547.64 support breaks, 46000-52000 might be a nice dip to buy.
I do expect at least one more push up to ATHs to complete a full impulse off of November 2022 low.
I suspect that price will continue to fall, and supports at 60182.55 and 56547.64 are likely to be challenged.
If 56547.64 support breaks, 46000-52000 might be a nice dip to buy.
I do expect at least one more push up to ATHs to complete a full impulse off of November 2022 low.
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