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leopisbig
Jun 28, 2022 2:59 PM

Bitcoin - no need to rush, bears still have the control 

Bitcoin FuturesCME GLOBEX

Description

CME:BTC1! price can test the 3D demand zone in the next term as the next price target.

I also think that there will be more sell-offs in the next days since the macro conditions are not supportive and crypto market news flow is also not positive.

Although I am not sure whether this demand zone will hold or not, (if holds) then there will be a consolidation period for some time, with some potential price spikes.

So, there is no need to pull the trigger at the moment. The summer period can be dull.

ps. it should be the "demand zone" on the chart as well.

This is not a financial advice. Trade wisely.
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