We could see a breakdown of
BTCUSD into the $64,000 range where it will find a strog support zone.
From there, as long as we can respect the current trendline, we could see accumulation and start to gain some momentum, continuing the push to the upside.
BTC will likely chase the Liquidity that sit's in the $72,000 range from the open short interests.
https://imgur.com/a/wZ1Wo1m
If BTC does chase the liquidity it could potentially set a new ATH while breaking out of the Cup & Handle formation, making it a very bullish situation.
https://www.tradingview.com/x/eerVQgEu/
$75,000 and $55,000 are the zones to watch out for.
From there, as long as we can respect the current trendline, we could see accumulation and start to gain some momentum, continuing the push to the upside.
BTC will likely chase the Liquidity that sit's in the $72,000 range from the open short interests.
https://imgur.com/a/wZ1Wo1m
If BTC does chase the liquidity it could potentially set a new ATH while breaking out of the Cup & Handle formation, making it a very bullish situation.
https://www.tradingview.com/x/eerVQgEu/
$75,000 and $55,000 are the zones to watch out for.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.