BTC outlook for 28 April 2022.

28 Nis 2022

Talked about how I would like to see BTC close above the important zone around 39,3k which was a strong support zone in the past. Currently BTC is trading above this zone but I would want to see either a 4h bar or the daily close well above this zone before establishing that a fake out occurred. If BTC manages to close back below the 39,3k level I believe it will drop down further towards my long term trend line and that the bullish push from the last two days was merely a retest before continuing bearish.