Yesterday I was wondering if this is a genuine reversal or a bull trap and I'm getting more and more convinced is reversal.
Looking at price action yesterday we can see that dips are bought, bulls are strong and Bitcoin is building momentum for a break.
Technically 40k should hold for this outlook to remain valid and a break above 45k would confirm a double bottom with a target at 55k
Best Of luck!
Mihai Iacob
Looking at price action yesterday we can see that dips are bought, bulls are strong and Bitcoin is building momentum for a break.
Technically 40k should hold for this outlook to remain valid and a break above 45k would confirm a double bottom with a target at 55k
Best Of luck!
Mihai Iacob
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.