VasilyTrader

BITCOIN (BTCUSD) Key Zone Test! What's Next?

Long
VasilyTrader Updated   
COINBASE:BTCUSD   Bitcoin

Bitcoin is testing a strond daily demand zone.
The underlined yellow structure is based on a confluence of
  • horizontal historic structure,
  • 618 retracement of the last bullish impulse
  • completion point of a harmonic movement

Taking into consideration that we have 35% sale on btc right now,
monkeys will surely start buying.

For now I expect a pullback to 50.000 level.
Then I will watch carefully the reaction.

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