BitcoinLong
BITCOIN PRICE ACTION TRAPPED BETWEEN ZONES
Bitcoin forming a macro range between major demand and supply zone. Price recently rejected from the ATH market structure break and presently heading towards the demand zone. Personally, price bouncing off the demand zone will be bullish for BTC and that will amplify its next rally to the upside. Price breaking the demand zone to the downside will be bearish for BTC but the daily demand zone will be the next major support that should not be broken/invalidated.
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.