I am still looking for bullish in this zone. But current sentiment is too heavy for me to put any entry. For now I will be looking another daily candle close as bull candle, My key level right now is at 35K. I am expecting another sideway in the 35K zone. If break 35K then perhaps we can see stronger bullish to break 42K level
As of now, price still are indecisive , Weekly is doing an impulsive and currently are forming a flag channel. I am technically still bullish in this timeframe , we are yet didnt see any price break our previous low 31K . My concern zone currenly is at 35K where as we could see bullish lose momentum during that level.
After El Salvador declaration of bitcoin accept as currency, the trend shows a good long signal. Clearly bull need to maintain the HH structure in H4. 39K looks like a good support for next HH structure. However keep in mind that we are still in daily sideway zone where market still indecisive for both position. 35K will be our pivot
CMP currently in zone engulfing weekly buy. However price already break dominant buy in 51K. Price are expecting to retest zone 51K before drop break weekly zone buy.