Bitcoin Higher High & Higher Low Pattern Analysis chart

7 May 2022

#Bitcoin HH & HL chart pattern Analysis:-

BITCOIN currently trading at $35800

This is also trading below support level so Not bullish right now.

I am strongly bullish only above $42000

So now Waiting BTC break Higher Low or Not.

If Break HL then ready to buy bitcoin at cheap around $20000-$22000

But If hold this $32900 level then ready to Next new Higher High around $75000

In Simple for you:-
Below $42000 = Bearish
But Higher Low Point = $32900
So this is also Very Important to last Bull hope.

RSI = RSI also Bearish and We can se it will test 30 level also.

And this will be Bitcoin Bottom Level.

Most Important = Watch RSI Breakout Point Closely.

Hope you understand in very easy Language guys.

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Thank you.