Since my previous updates, Bitcoin sits in the range 46K and 43K. Causing price jump up and down 5% within a day.
Keep your positions on hold, this might take a time before trend show up again.
Hopefully we going to see daily closing above 46K, which can give us another impulse leg up.
Price resistances givs us good understanding of targets and possible reversal points.
But in case breakdown from 42K, we most likely will see price failing lower to sub 38K so take it to account before taking big bets for your positions.
Keep your heads up
Artem Shevelev
Keep your positions on hold, this might take a time before trend show up again.
Hopefully we going to see daily closing above 46K, which can give us another impulse leg up.
Price resistances givs us good understanding of targets and possible reversal points.
But in case breakdown from 42K, we most likely will see price failing lower to sub 38K so take it to account before taking big bets for your positions.
Keep your heads up
Artem Shevelev
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