BTCUSD Long
BTCUSD is bullish at the higher time frames. With the bullish momentum it could take us straight to the 13775 area which is the next key level of support and resistance and a double top region. Which could set us up for a possible short back down to the low 10k area to retest the major trendline to rocket further up. But there is still a possibility that it could consolidate to a reversal back to the major trend as it is consolidating at a key region, but a daily closure above 12100 will keep my bullish bias.
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.