BTC - Simple Daily Analysis
Simplified Daily Chart with a few important key levels for the coming days/weeks.
Bitcoin with a nice recovery last week leading into today. Few areas I will be watching:
Short Term Bullish areas:
Bitcoin with a nice recovery last week leading into today. Few areas I will be watching:
Short Term Bullish areas:
- Daily close above 36900 area with tomorrow's daily open outside of the triangle, near term upwards movement continues.
- We could see BTC head up to a pivotal area around 46k-47k
- If 46-47k become support at some point again, I will count on new all time highs. (Until then, see below)
Short Term Bearish areas: - Rejection on the daily with a reversal will have me filling two CME Gaps below.
- Two CME Gaps (33000-34100) & (24700-25800) areas
*This is not financial advice. Good luck on your trades.*
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