Good afternoon all. Keeping a close eye on Bitcoin lately and this very strong demand zone we have bounced from multiple times over the past few weeks. I have entered a buy on the bullish candle close from the rejection of the demand area. Technically we broke the zone with price ever so slightly breaking below. But we saw what we have previously with the bulls fighting back and making price reject the 30k support area. So for me its enough to enter a buy position on the prospect of a good return if the big bull comes alive again. 2% risked on this position, I will move my stop loss into break even if we beak above 36.2K. Fairly easy trade to take this one guys GLIYF
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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.