🔥 Bitcoin Higher-Low: Bullish Reversal Confirmed
Some time ago I made an analysis on BTC and the potential re-test of the descending bearish trend line.
With today's massive green candle, we can safely say that the re-test of the trendline has been successful and that the bullish reversal has been confirmed.
Assuming that the Ukrainian conflict will not escalate beyond their borders, we can see more bullish price action coming our way. Since the market is under some stress, I'm keeping our target area close: 44k-46k is the main area I'm looking at.
Happy trading!
With today's massive green candle, we can safely say that the re-test of the trendline has been successful and that the bullish reversal has been confirmed.
Assuming that the Ukrainian conflict will not escalate beyond their borders, we can see more bullish price action coming our way. Since the market is under some stress, I'm keeping our target area close: 44k-46k is the main area I'm looking at.
Happy trading!
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