Bitcoin – bounce before final dump
Updated
Hello, everyone!
The final target at $16-17k is still actual and I am waiting for the insane long signal, but continue accumulate the position for the growth to 30k.
The current market situation clearly tells us that the local bounce to 21k now have the high probability to happen. The Bitcoin price now is staying inside the huge demand zone and I don’t think that it will break it down with the first attempt. Moreover, the double bullish divergence with the RSI have been created on 4h, which gave us the strong local long signal. Also the BTC did collect the liquidity below the pointed blue circles lows. I anticipate local pump before the final dump.
Best regards, Ivan
The final target at $16-17k is still actual and I am waiting for the insane long signal, but continue accumulate the position for the growth to 30k.
The current market situation clearly tells us that the local bounce to 21k now have the high probability to happen. The Bitcoin price now is staying inside the huge demand zone and I don’t think that it will break it down with the first attempt. Moreover, the double bullish divergence with the RSI have been created on 4h, which gave us the strong local long signal. Also the BTC did collect the liquidity below the pointed blue circles lows. I anticipate local pump before the final dump.
Best regards, Ivan
Trade closed: target reached
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