Continuing the Bitcoin analysis, we observed that the price managed to reach $63,400 and the red supply zone.
My analysis suggests that the price may oscillate between these two supply and demand zones, specifically between $59,100 and $63,365. I will monitor the price, and whichever zone is broken, I will enter a trade in that direction with the take profit (TP) at the next level.
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.