Bitcoin Price Prediction: Cooling-Off? | MA Strategy

15 Mar 2023

In this BTCUSD idea, we're looking at the 1H timeframe on both charts. On the left side, you can see the most recent price action.
We can observe some weakness at the $25000 level. We might retest this price multiple times, fooling retail traders into thinking that this might
be the next leg-up towards $30000, but in my opinion, it's too early for that.
Everything else is explained on the chart.

If you like what you're seeing, feel free to Boost this idea and check out the stuff below :)

16 Mar 2023

Not

Retesting 25k today, followed by another rejection?

16 Mar 2023

Not

Nearing resistance at ~$25000