While Bitcoin has been correcting violently for several weeks now, it has just picked up again...
Indeed, it has just closed 3 days in a row in the green, illustrating a 14% rise.
I was expecting a correction to $52,000 last week, but the price managed to hold at around $56,000.
We retraced once again into the OTE zone, recovering all the liquidity that was there. In particular, the $57500 level was important.
I therefore have a rather bullish view of the next few days.
However, until we recover the $67270, we'll remain sellers on HTF.
Feel free to subscribe and boost this post if you enjoyed my analysis, and let me know what you think!
Good trading and have a good week :)
Indeed, it has just closed 3 days in a row in the green, illustrating a 14% rise.
I was expecting a correction to $52,000 last week, but the price managed to hold at around $56,000.
We retraced once again into the OTE zone, recovering all the liquidity that was there. In particular, the $57500 level was important.
I therefore have a rather bullish view of the next few days.
However, until we recover the $67270, we'll remain sellers on HTF.
Feel free to subscribe and boost this post if you enjoyed my analysis, and let me know what you think!
Good trading and have a good week :)