Back into the zone as speculated in the last chart. Bought some longs based on the charts I posted here for scalping. But, before you get too bullish keep in mind BTC is back into the channel. Bulls need to push Bitcoin back above 21.8k. Failing to do that BTC can plummet all the way to 19.3k which is the lower support of the channel.
What do you think? BTC is approaching? 23K or 19.3k?
Let me know In the comment section. Do hit the like button
Thank you
#PEACE
Trade active
The upcoming weekly close is all that I am looking at. A weekly close above the $22877 level will possibly trigger a green rally across the market for the next 4 to 6 weeks.
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.