I think btc
/usd is bullish
right now and after touch the 0.382 fib retracement is going to continue the bullish
movement . the red zone between 11480_11800 is a significant area if the price goes above this zone again and pullback to this area with showing nice bullish candlestick
patterns then I can say the bitcoin
want to create a new high on 16000$ price zone. instead, if the price goes below the 10000$ and breaks moving averages then I can say bitcoin
want to start a new bearish trend
till 7400$ zone or lower to the 6000$.