Hi,
Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. Bitcoin in recent times somewhat recovered from its heavy bearish downside price-action however did not yet manage to fully confirm to a sufficient finalized reversal with continuation-potentials. Now Bitcoin is trading within this main ascending-channel-formation where is has the coherent wave-count within and still, this important resistance-cluster above that should not be underestimated, when Bitcoin moves into these zones it is likely that a pullback firstly establishes rather than Bitcoin moving through these zones right away, when Bitcoin closes below the lower boundary this will indicate certainly lower levels to be tested firstly.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. Bitcoin in recent times somewhat recovered from its heavy bearish downside price-action however did not yet manage to fully confirm to a sufficient finalized reversal with continuation-potentials. Now Bitcoin is trading within this main ascending-channel-formation where is has the coherent wave-count within and still, this important resistance-cluster above that should not be underestimated, when Bitcoin moves into these zones it is likely that a pullback firstly establishes rather than Bitcoin moving through these zones right away, when Bitcoin closes below the lower boundary this will indicate certainly lower levels to be tested firstly.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.