Bitcoin UPDATE - Take Profit Hit - What next? (Banks, ...)

Hello Traders!

Cheers Guys we hit our Take Profit on Bitcoin. It is the weekly Supply Zone.

What next:
Now we should definitely wait for the weekly close. Also we need to watch the lower timeframes. We need to see how the market will react on this weekly Supply Zone.

Why should I care about Supply and Demand Zone?
On this zones banks and financial institution will jump into the market. The previous down move was caused by them. Therefore there is the possibility that they have orders left at the Supply Zone. We should try to swing with them again to to the downside. The Take Profit should be the weekly Demand Zone.

Check out my previous Bitcoin Analysis and Cheers my friends. The analysis went right. Updates will come soon.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.