Bitcoin has been in the range for a month!!!
Updated
Bitcoin is still in consolidation. Today, exactly one month, the price is stuck in a trading range between $46,000 and $51,900.
In general, nothing has changed, and the scenarios from the last review are still valid.
Let's remind that there are two main scenarios:
- The first scenario is a squeeze near the upper boundary of the trading range and a breakout, which could be a good buying opportunity.
- The second scenario is a renewal of the key level of 42K. In case of a false breakout of the key level, it could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
In general, nothing has changed, and the scenarios from the last review are still valid.
Let's remind that there are two main scenarios:
- The first scenario is a squeeze near the upper boundary of the trading range and a breakout, which could be a good buying opportunity.
- The second scenario is a renewal of the key level of 42K. In case of a false breakout of the key level, it could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Note
Big volume changed BTC direction
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