BTC currently ranging at the bottom of the channel.
Likely to go up to the resistance line on the channel around 25800 zone
May in short term dump to 16500 before going up
IMO expect the bottom to come in around 12k -16K zones
Might be that we could go to 28k regions shortly. Either the longs get rekt of the shorts get liquidated. Who is fomoing in this now? Buy the dip. Hard times don't last
BTC 4hour candle closing above the trend line will be bullish in the short term. BTC about to break trend line. If the upward momentum is sustain and we have enough volume, we should expect BTC to close above 38500 and possibly text the resistant at 39300.
Entry at 36400 on bounce off the retest
1st Target 38500
2nd Target 39,300