BTC Retested Broken Trendline and Ready to Go Higher

31 Mar 2021

BTCUSDT

BTC Touched the 60K Area (TP1) as I Mentioned before and Retested the 58k area (Our entry point and Blue Trendline)

and TA says we need to break 60k level to Go fully Bullish and 62k / 64k are the next targets as i mentioned in earlier analysis

BUT Fundamentally U.S 10 YEAR Treasury Note Can ruin the BTC Party So we have that on the negative side

Overall I'm Bullish because we have so many good Fundamentals around and TA is Good as well

Personally I'm a bit more of Midterm trader For BTC (You Can find my midterm analysis in Related Ideas Section)

Stop-loss: For Short-term Traders any 4H Candle Close below 57K

Hope You Enjoy