Bitcoin Possible Midterm Bounce with Target

11 Oca 2022

BTCUSD is most likely going to do a midterm bounce here. The reasons being, it swept the low at key midterm support. The target is the first bearish order block. Use a stop loss, and keep in mind that a bounce means it's counter trend, which is riskier than trend trading. If bulls fail to defend midterm support, you better believe bitcoin is going to test macro support at 30K.