Price rejected the demand zone below. Liquidity needs to be taken before we head lower. We can head to .27 cents and see how we react to that area.
I truly believe we will be heading to Target 2. These Liquidity Areas act like Magnets.
Price is looking bullish on the monthly.
BITCOIN POSSIBLE SCENARIO. We will head to 14k. If price respects that level, we will be headed back down to $2,500. Let's see what happens.
BTC WEEKLY PERSPECTIVE - 14K NEXT TARGET
Possible buy scenario from small demand zone.
Chart explains my thought process on this pair.
We will retrace before heading to 8k. Just my opinion.
Price is headed to the supply zone above.