#BTCUSDT | 4 HOUR TIMEFRAME UPDATE
#BTCUSDT | 4 HOUR TIMEFRAME UPDATE
After #Bitcoin's price dropped below the previous weekly low, it quickly bounced back to the upside.
Based on the weekly and daily charts, I'm bullish on #Bitcoin. We can look for confirmation to open a long position in the $64,400 - $63,700 range.
Potential targets for this upward movement are:
$65,650 - $66,550 - $67,740 - $69,030 - $71,275 - $73,900 🔝
Invalidation point: below $62,250 ❌
After #Bitcoin's price dropped below the previous weekly low, it quickly bounced back to the upside.
Based on the weekly and daily charts, I'm bullish on #Bitcoin. We can look for confirmation to open a long position in the $64,400 - $63,700 range.
Potential targets for this upward movement are:
$65,650 - $66,550 - $67,740 - $69,030 - $71,275 - $73,900 🔝
Invalidation point: below $62,250 ❌
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.