Given the reduced downward momentum, the bullish Ichimoku on the chart, and the formation of support zones, Bitcoin is expected to move toward the identified supply level.
Currently, the price is in a discount zone, and an upward move toward premium levels is anticipated.
A 4-hour candle closing below the invalidation level will invalidate this setup.
Do not enter the position without capital management and stop setting Comment if you have any questions thank you
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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.