BTCUSD , Bitstamp #BTCUSD $BTC

Macro TF View (Monthly) : Even though at the end of Month we have seen an unexpected 42% pump, I would still say, The small downtrend from the top of 2019 has not ended yet on Monthly chart and BTC price has made another Lower High with a Lower low. So I would say that $7300 was actually to be considered a Temporary bottom not a bottom for a big Bull rally, Untill we at least make a significant move above $11K, on Miacro TF we cant be sure. Above $11K I would Target Price to go for a New Yearly high Probably. So for now, You cant go all in thinking that we are going to start another Bull Rum, Not for now. Below 7450 I dont see any strong support upto $5100 - $5500 Range

Key Support Levels are : $8950 - $8750 (Local Support)
Key Support level for Bullish scenerio and healthy correction : $8275 - $8050
Key Local resistance : $9560
Key Resistance for Macto TF : $11000