Bitcoin / TetherUS
Long
Updated

Bitcoin is consolidating and may continue to rise

549
Bitcoin is in consolidation and feels good. We have a bullish trend sitting, strong support, zone of interest and liquidity and strong resistance. Most importantly, we have consolidation
Price may test 103000 before continuing upwards

There may be a small correction to 103K before breaking 104200, but if the price does not continue to fall, but returns to 104.2, we can expect a break of resistance and continued growth.

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Scenario: consolidation between 104200 and 103000 will increase the chances of resistance breakout and growth.
If bitcoin continues the correction, then we can consider a retest of 102300, 101800 before continuing growth.
Targets: 106500, 108400
Trade active
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