Hi,
Bitcoin has swept 48k level which was followed by a strong break in daily structure. The price is now balancing liquidity within d1 gap.
If the price fails to push the price to new highs now, it should trending down from here.
possible mid-term targets are:
40222 - previous range lows
34025 - 50% of the weekly move, weekly gap, volume gap (most likely)
27502 - 50% of the whole move from the 2022 lows
Bitcoin has swept 48k level which was followed by a strong break in daily structure. The price is now balancing liquidity within d1 gap.
If the price fails to push the price to new highs now, it should trending down from here.
possible mid-term targets are:
40222 - previous range lows
34025 - 50% of the weekly move, weekly gap, volume gap (most likely)
27502 - 50% of the whole move from the 2022 lows
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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.
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.