BITCOIN (BTC) Technical Analysis & Important Decision Point
https://www.tradingview.com/x/BPxhuj2B/
Bitcoin is currently testing an important low of May.
It will be a significant decision point for the market.
The violation of the underlined blue support will trigger
a further bearish continuation.
Next goal for the sellers will be 53200.
At the same time, the price may respect the underlined zone
and bounce from that. I suggest waiting for an intraday bullish confirmation
as a signal to buy.
Let's see what will happen.
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Bitcoin is currently testing an important low of May.
It will be a significant decision point for the market.
The violation of the underlined blue support will trigger
a further bearish continuation.
Next goal for the sellers will be 53200.
At the same time, the price may respect the underlined zone
and bounce from that. I suggest waiting for an intraday bullish confirmation
as a signal to buy.
Let's see what will happen.
❤️Please, support my work with like, thank you!❤️
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