The 4-hour Bitcoin chart shows a consolidation pattern. We can see that the current price is near the bottom of the consolidation range. With the rebound in U.S. stocks and the pullback in gold, risk assets are likely to start a new upward move.
Of course, this upward move may not happen all at once; there might be a pullback to test the support levels after the initial rise.
TP1: 81,200
TP2: 83,500
TP3: 87,000
SL: 78,000
Of course, this upward move may not happen all at once; there might be a pullback to test the support levels after the initial rise.
TP1: 81,200
TP2: 83,500
TP3: 87,000
SL: 78,000
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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.