After the Sundayțs low at 19500, Bitcoin has entered in a range between 19500 and 20500.
Yesterday, a new atempt of breaking down was quickly reversed and now the price is just under resistance again.
Considering the force of the reversal we can expect a break of resistance and acceleration to the next important level at around 22k
On the other hand, a break down would expose the previous low under 18k.
At this moment I m bullish Bitcoin and I m looking to buy dips against 19500
Yesterday, a new atempt of breaking down was quickly reversed and now the price is just under resistance again.
Considering the force of the reversal we can expect a break of resistance and acceleration to the next important level at around 22k
On the other hand, a break down would expose the previous low under 18k.
At this moment I m bullish Bitcoin and I m looking to buy dips against 19500
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Still looks weak