BITCOIN Going Back To $40,000?

2 May 2022

We recently tapped multiple monthly support @$37,750 and $38,440 respectively.

We can see the markets have been creating lower highs and lows along the way.

Now my bias is bullish for the mid term. A falling wedge can be spotted and bitcoin just
rejected a key fib level.

Then we can spot a bullish divergence on the daily timeframe which adds more
confluence to this trade setup.

Buys to 40k is highly expected. a break above that level, we may see another run
to $43,000.

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I wish us a successful trading week ahead.

#KC #Meekhill #Meekhillacademy #RICHMMDT

4 May 2022

Not

40k tapped!