In my last post I said that "Bulls should not be so happy", and that Bitcoin is not out of the woods just jet and in the long run, and I still believe that we are at the beginning of a downtrend.
However, at this point, Bitcoin seems to have found a strong support zone between 33 and 34, and looking at price action we can see strong buys in this zone.
If this zone holds as I expect, BtcUsd can correct further and a clear break above 40k could lead to continuation. 47 could be bulls target.
Buy dips is my strategy
However, at this point, Bitcoin seems to have found a strong support zone between 33 and 34, and looking at price action we can see strong buys in this zone.
If this zone holds as I expect, BtcUsd can correct further and a clear break above 40k could lead to continuation. 47 could be bulls target.
Buy dips is my strategy
📈 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.
📈 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.