For Bitcoin to enter, we must wait for the break of this trend and the break of the blue moving average of 200, if it breaks, we will have a very high explosion with a 4-hour candle.
It should also not break the pink moving average of 50, if it does it will reach the yellow moving average of 100 at $19,369.
We should wait for the break of the $25,000 trend and its break with a 4-hour slowness. And don't get excited now, wait for failure
If you like the analysis, please follow me Good luck
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.