Bitcoin - Consolidating towards key level
Updated
Bitcoin is consolidating towards the trendline for the fourth time, price is being rejected each time it comes close to the trendline. There appears to be good volume each time the price dips. I will go long when the price breaks above the trendline with strong bullish momentum and look to take profit around 45k.
Trade closed: target reached
Bitcoin broke out of downtrend line after testing it for the fourth time and reached our TP1.
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