Bitcoin
Short
Updated

BTCUSD looking for a swing

74
Downtrend looking strong to setup a swing. 8650 or below close in the next 6 hrs and signals point to rebound. If the daily chart downtrend continues, even stronger. Looks like we would head back up over 9.5k and potentially test high resistance. Keep an eye on the 4hr close coming up in 20mins and then the setup close in ~4.5hrs.

If we don't continue the dip, consolidation continues.

Not financial advice.



Note
Spiked but not with all the conditions to breakout. Still a nice swing. Still consolidating. Don’t think we will see 10k just yet

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