BTCUSD FORECAST!
BTC has done nothing over the last week except go sideways.
Bitcoin Is still in a Weekly and Daily sell Range between $28800 and $41322. We have a created a Lower high the week before. We need a weekly break above $41322 to change trend to the upside on the higher Weekly time frame. Bitcoin still has a lot of work to do to remain bullish , we are still bearish at the minute. There is a lot of liquidity under 28k. I would like to see 28k get swiped correctly before pushing up to new highs. If we can do this, we could see 100k end of year. At the moment we are getting a nice squeeze of liquidity. We should see a push up or down in the coming weeks. We still have the weekly gap slip to be filled above which could see price action hit
48K . I believe this price action will gravitate towards this soon.
Long term traders keep buying on the big pullbacks and Hold
Short term traders – I believe we could see48K region Definitely get hit, if 28k can hold. We are still in a combo sell range and in a downtrend on the higher time frames, until we get a weekly close above $41322. Be mindful at the back of the Sell ranges.
Trade safe and stay consistent.
Bitcoin Is still in a Weekly and Daily sell Range between $28800 and $41322. We have a created a Lower high the week before. We need a weekly break above $41322 to change trend to the upside on the higher Weekly time frame. Bitcoin still has a lot of work to do to remain bullish , we are still bearish at the minute. There is a lot of liquidity under 28k. I would like to see 28k get swiped correctly before pushing up to new highs. If we can do this, we could see 100k end of year. At the moment we are getting a nice squeeze of liquidity. We should see a push up or down in the coming weeks. We still have the weekly gap slip to be filled above which could see price action hit
48K . I believe this price action will gravitate towards this soon. Long term traders keep buying on the big pullbacks and Hold
Short term traders – I believe we could see
48K region Definitely get hit, if 28k can hold. We are still in a combo sell range and in a downtrend on the higher time frames, until we get a weekly close above $41322. Be mindful at the back of the Sell ranges.Trade safe and stay consistent.
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