Where BTC goes next? Market doesn't know yet...

29 Ağu 2019

hey traders,
very interesting market sentiment on BTC.
currently the market is approaching a key level of support,
and reaction on this level will most-likely determine Bitcoin's future direction.

for now, be focused on the narrow support area between 9000 and 9500.
if bears break and close below it, I will expect bearish continuation to lower structure levels
with initial target 7500

if bulls break and close below the falling vertical resistance,
I will expect bullish impulse to 11000

good luck!