BTCUSD Scenarios - Daily chart
Bitcoin is still holding support of the 36k area. So far, it seems it is acting as a solid area, and dips have been quickly grabbed by bulls.
So I've visualized three potential scenarios that could happen. I still wouldn't write move towards 29k area off. Especially if we see the dollar strengthening. DXY still has around 4% to go to test previous ATHs.
But we could also see a less and more aggressive push towards the 69k area to re-test the previous ATH.
So I've visualized three potential scenarios that could happen. I still wouldn't write move towards 29k area off. Especially if we see the dollar strengthening. DXY still has around 4% to go to test previous ATHs.
But we could also see a less and more aggressive push towards the 69k area to re-test the previous ATH.
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