Bitcoin - Price Nearing a Break

28 Oca

As per previous analysis, price was respecting the below support and has kept respecting this so far. Now the price is near a break and a Bullish break of Trendline will open higher levels however if the price rejected here, we should see correction to below support.

Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.

For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.

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Disclaimer: This content is for educational purposes only and should not be considered financial advice.

28 Oca

Not

We are literally at a make or break scenario. Today's closure is a decider. A deep correction 90k cannot be ruled out.