YMGroup

BITCOIN READY BOUNCE BACK TO 33-35k USD

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about BTC chart.

Check my previous BTC idea in which I told you that BTC will continue to fall from 32500 to resistance zone around 29000 and this happened, price even almost touched 25000 level on Coinbase.

I want to take your look in fact that Market maker took all liquidity and a lot of stop orders and liquidations below support level 29k

After that BTC made very huge upward impulse from almost 25000$ to almost 31000$

This movement was more than 22% and alts grew even higher, some of them for example DOT or MANA show 60% and 85%

I think soon we can make retest or even fake breakout of support level 29k

But then I think BTC will continue to rise.

I can indicate the next few targets, first target is 33000$ and second target is 35000$

After that already we will decide what to do next.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !

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