🔥 Bitcoin Bullish Reversal: Short-Term Bounce

25 Haz 2021

Bitcoin has lost virtually all of yesterday's gains. Assuming we're still in a mid-term uptrend, now might be a great time to step into the market again.

As seen on the chart, BTC is currently trading inside a short term bullish channel. Seeing that the price is currently consolidating around the bottom, this might be a signal that the support is holding. Wait for confirmation of the reversal before entering a trade.

In case of a bounce, I'm expecting BTC to get back to >35k in the next day or so.

25 Haz 2021

Not

Support didn't hold, price fell right through it. Trade cancelled.