BTCUSD ANALYSIS
🐄: Bitcoin is at a critical level ($47158), this is a key level in a sense that price has made decisions on this level in the past. A monthly closure above this level could see price going to the highs at $58000 and possible the ATH at $68000.
🐻: (as above, so below as you know) A monthly closure below the $47158 could see price dropping to the lows of $34700s where a decision could be made to melt it down to the 2022 lows situated at around the eyewatering levels of $15000s
The month will end in less than 20 days, will we see a bullish scenario or a bullish scenario?
🐄: Bitcoin is at a critical level ($47158), this is a key level in a sense that price has made decisions on this level in the past. A monthly closure above this level could see price going to the highs at $58000 and possible the ATH at $68000.
🐻: (as above, so below as you know) A monthly closure below the $47158 could see price dropping to the lows of $34700s where a decision could be made to melt it down to the 2022 lows situated at around the eyewatering levels of $15000s
The month will end in less than 20 days, will we see a bullish scenario or a bullish scenario?