$BTC - BEARISH until Reclaim.$BTC - 1D TIMEFRAME OUTLOOK.
We can't be bullish until turning this gray resistance box into support...
The first challenge is breaking the blue diagonal resistance.
I'm waiting for a reclaim of $18.000.
#Bitcoin
Btctrades
bts usdt double top pattern btc making double top pattern if breakout bear take control of the market
trade idea mentioned in chart
BTC/USDT Possible Long Trade Idea+Analysis SMC Hey folks,
Bitcoin price entered an institutional ranging (consolidation) phase right after the $10k dump. My game-plan is as follows:
Assuming the demand area will hold and buyers will get tempted to buy at the demand price, then I expect BTC to reach 57,200 mark and that's where I'm setting my first profit target. If the price manages to break above the 52.2k mark I expect BTC to reach 58,800 mark, and that's where I'm setting my second profit target. Of course, this is all according to my personal analysis and my own beliefs.
Don't forget like my idea if you agree with me, and feel free to ask any questions in the comments section. I already have a personal trade open in BTC let's see how it goes.
Good Luck,
Yours Truly,
FXWabz
