BTC broke the trendline impulsively (bearish breakdown).
On a micro view, the bulls can only gain confidence if it bounces to the trendline level.
BTC is now trading in a major support zone.
If this level holds, it will go further up to the previous resistant level of (52K).
If it doesn't, expect to see lower lows.
This idea will be updated as time passes by.
On a micro view, the bulls can only gain confidence if it bounces to the trendline level.
BTC is now trading in a major support zone.
If this level holds, it will go further up to the previous resistant level of (52K).
If it doesn't, expect to see lower lows.
This idea will be updated as time passes by.