TheSignalyst

BTC - Roadmap to 82k 🗚

KUCOIN:BTCUSDT   Bitcoin / Tether
Hello TradingView Family / Fellow Traders,

ðŸ“Ķ Post-halving, BTC has been hovering within a big range between $60,000 support and $70,000 resistance.

📈 For the bulls to take full control again, and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed.

📉 In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the $52,000 demand zone.

Which scenario is more likely to happen first? and why?

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Trading Made Simple; and Rule-Based
www.RichTL.com

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