Dear friends,
Continuing intraday forecasts.
Bitcoin is still located in the large trading corridor 9100 - 9500
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get the following local trends:
Week is Bearish
Day is bullish
4 hours - bearish
Yesterday was completely bearish. Multiple attempts to break through the support level have been seen.
Now there is consolidation at the lower border of the trading channel.
A local bearish trend has formed.
There is a high probability of another attempt to break through the support level.
Zone 9100 - 9160 is actively redeemed. Therefore, I do not see a strong dip below it today.

The scenario for the day is bullish, with a rebound from the support level (see green arrows)
The level of cancellation of the bullish scenario - 9060 USD
The top trading range for today is 9400 USD
The lower trading range for today is 9022 USD
Medium-term priority scenario - flat within the corridor 9100 - 9500
Good luck to everyone and good profits!
Regards,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it. [/ I]
Continuing intraday forecasts.
Bitcoin is still located in the large trading corridor 9100 - 9500
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get the following local trends:
Week is Bearish
Day is bullish
4 hours - bearish
Yesterday was completely bearish. Multiple attempts to break through the support level have been seen.
Now there is consolidation at the lower border of the trading channel.
A local bearish trend has formed.
There is a high probability of another attempt to break through the support level.
Zone 9100 - 9160 is actively redeemed. Therefore, I do not see a strong dip below it today.
The scenario for the day is bullish, with a rebound from the support level (see green arrows)
The level of cancellation of the bullish scenario - 9060 USD
The top trading range for today is 9400 USD
The lower trading range for today is 9022 USD
Medium-term priority scenario - flat within the corridor 9100 - 9500
Good luck to everyone and good profits!
Regards,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it. [/ I]
My TG blog t.me/techhypov
Related publications
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.
My TG blog t.me/techhypov
Related publications
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.