MY VIEW ON BTC's CURRENT PRICE ACTION
If I'm correct that's a Change of Character (CHoCH) in old price action. This coupled with the break of 45800 gives the idea that we're still bullish. Currently 
BTC is lying on a daily bullish OB and also on a trendline support. Here, I'm expecting a bounce to take out 48200.
So for now, I'm closing all SHORTS!
BTC is lying on a daily bullish OB and also on a trendline support. Here, I'm expecting a bounce to take out 48200.So for now, I'm closing all SHORTS!
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.