Bitcoin Rally to 65K
Bitcoin facing some minor setbacks having a hard rejection off the 61600 price area pushing price to the downside. Price is approaching nice Demand zones to collect more orders to rally to 65k. I see price going as low as 57000 areas before we see price rallying back to the upside.
I will be looking for long positions once I see price reject my demand zones and POC area. Also with the stimulus cheques being released soon we could see a lot of retail traders and more smart money jumping in and buying the DIP.
Let me know what you think.
I will be looking for long positions once I see price reject my demand zones and POC area. Also with the stimulus cheques being released soon we could see a lot of retail traders and more smart money jumping in and buying the DIP.
Let me know what you think.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.