BTC BULLS TO KICK IN!

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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Quick update on Bitcoin.

As we can see price is still around a strong demand zone lining up with a massive support zone, where we will be looking for new longs as well.

Meanwhile, from a shorter-term perspective, price is still overall bearish trading inside this channel, making clean new lows and lower highs.

Moreover, for the bulls to kick in and prove control we need a break above the marked major swing high, then a movement higher would be expected.

Until that price is still overall bearish trading inside this channel, and price can still trade more lower before reversal.


If you like this kind of analysis don't forget to like and follow

And as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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