Bitcoin - decision time
after an impressive weekly rally, price looks in reach of the infamous $10000 - PA important at these levels as price consolidates < $80000.
a breach of recent highs could open the door to a strong impulse higher
break below channel support could kick off deeper retracement - would look to buy @ $5500 if this transpired
see chart for detailed notes
mildly bullish - long entry would see a tight stop implemented and revaluation if price reached $9000
a breach of recent highs could open the door to a strong impulse higher
break below channel support could kick off deeper retracement - would look to buy @ $5500 if this transpired
see chart for detailed notes
mildly bullish - long entry would see a tight stop implemented and revaluation if price reached $9000
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.