Since the beginning of 2022 market was uncertain/chop with up and down movements Also Bitcoin failed many times to break strong resistance around 45k-46k
=> Can we breakout this time ? The bulls signs start to appear in market and in my chart possible scenarios :
1: the last fast correction before breakout 2: Direct breakout
=> Invalidation : daily candle close below white trendline then this analysis will fail
=>Don’t forget to like this idea for more analysis Always DYOR Best of wishes
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.