After the downtrend breakout, a retest was expected at 0.5/0.681 fib zone. Now price rejected 
39K and bounced immediately after filling all $40k buy-limit orders!
With the bitcoin legalization from Russia, Ukraine, U.S. next week, we expect more buying volume to come. Once price closes above the neckline of this inverted H&S + volume confirmation, $50k+ is achievable.
39K and bounced immediately after filling all $40k buy-limit orders! With the bitcoin legalization from Russia, Ukraine, U.S. next week, we expect more buying volume to come. Once price closes above the neckline of this inverted H&S + volume confirmation, $50k+ is achievable.
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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.