Bitcoin is currently retesting a key intraday level after pulling back from recent highs. If price continues to hold above this level, potential for break above previous highs.
As long as the structure holds and continue bullish momentum. However, if price slips back below the level with momentum, this scenario may be invalidated.
๐ Bias: Neutral to Bullish
๐ Timeframe: Intraday / Short-term
๐ Key Level to Watch: 118K
As long as the structure holds and continue bullish momentum. However, if price slips back below the level with momentum, this scenario may be invalidated.
๐ Bias: Neutral to Bullish
๐ Timeframe: Intraday / Short-term
๐ Key Level to Watch: 118K
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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.
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.