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Buying relief supplying Liquidity for further downside pressure
Bitcoin
Short
Buying relief supplying Liquidity for further downside pressure
By Terberh
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May 2, 2022
2
May 2, 2022
Steadily approaching the Hold-Zone following, some initial selling pressure in the Dollar at the beginning of this week.
Current upside expected to be used as liquidity, for further downside pressure, as economic data is released throughout this week.
Current mid-term outlook is short, unless 43,000.00 is flipped, to support.
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12,000 - 25,000 - Hodl zone.
25,000 - 33,000 - Premium buy zone (Aggressive buying).
33,000 - 40 ,500 - Buy zone (Casually daily / weekly DCA ).
40 ,500 - 47,000 - Hodl Zone.
47,000 - 55,000 - Sell Zone (Casually daily / weekly DCA ).
55,000 - 69,000 - Aggressive Selling.
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