Bitcoin / TetherUS
Updated

Is Bitcoin Poised for a Rally? Technical Analysis and Trade Idea

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Many are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
Trade active
Rally finally happened as per the video. If you took this on the BoS (break of structure), move your SL to breakeven now. snapshot

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