Short Term Bitcoin outlook.
Updated
The price is now going higher from a 4H demand zone to a 4H supply zone. This 4H supply zone is built above the daily 50% range which increases the likelihood of being a profitable zone. I expect the price to go to the 4H demand zone formed at the low of the daily range.
Note
The price hit the lowest 4H demand zone and moved up. The 4H supply zone that it touched gave a small reaction and afterwards it continued the rally. A small profit could have been made.Trade closed: target reached
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