Bitcoin is currently in the supply zone. In order for the trend to continue, we must leave a few days above 44000 to get confirmation. Exiting supply, we will first test the monthly level, which is at 45500, retest supply (which then becomes a big support) and go up.
On the other hand, we have a huge liquidation at 40400, if the price fails to stay at these levels, there is a high probability that we will test 38500. Of course, a potential ending diagonal is created here as well as a Wyckoff top.
Below I will post some of my analyzes for btc, if you wish, study further
On the other hand, we have a huge liquidation at 40400, if the price fails to stay at these levels, there is a high probability that we will test 38500. Of course, a potential ending diagonal is created here as well as a Wyckoff top.
Below I will post some of my analyzes for btc, if you wish, study further
Comment:
we got a close below supply plus increased volume, I think we should go for that liquidity 40400 and visit 38500
Comment:
We are again above supply, testing back and we will have answer about next move.
Comment:
Market makers take it all, dont trade this.
Comment:
here we go
