Btc - a Possible Trend Reversal onthe Daily
Looks like BTC finally got a good daily candle, we still have about 4 hours of time for it to close at the time of writing. However, even if we erase some of these gains, the wick it will leave would still constitute a bullish move in my opinion.
Here is my reasoning for possible bullish reversal:
Here is my reasoning for possible bullish reversal:
- Another Elon tweet, this time rapidly bring some positive price action
- Braking the current bearish movement that is evident in the last two weeks, even if by just a wick, in case we close this daily candle lower
- Touching some key levels from January of this year in a single candle
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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.