Bitcoin is trying to bullish reversal but scenario is not clear yet. Bitcoin is being rejected by MA 50 on 4H and is trying to go up
if we hold 10k level ( Ma 200 ) and we go Up, It could go to 12-13k according to 5 fibonacci waves.
On the other hand, If we go below 10k. We could be see H&S pattern and probably we would have correction of the last entire run ( from 6k ). Having to retest 8.6k-8.8k level ( 50% of the entire run )
You can set your proper strategy according but watch carefully.
My telegram channel - > t.me/MikeTopCryptoSignals
BTC -0.96% Donations - > 19SyrGq8Dz5fr5B3QR4djQ9xfq8dCRT95u
ETH Donations - > 0x81C8f32F697a69acc15Af19Bab234DeBAD41AbFA
if we hold 10k level ( Ma 200 ) and we go Up, It could go to 12-13k according to 5 fibonacci waves.
On the other hand, If we go below 10k. We could be see H&S pattern and probably we would have correction of the last entire run ( from 6k ). Having to retest 8.6k-8.8k level ( 50% of the entire run )
You can set your proper strategy according but watch carefully.
My telegram channel - > t.me/MikeTopCryptoSignals
BTC -0.96% Donations - > 19SyrGq8Dz5fr5B3QR4djQ9xfq8dCRT95u
ETH Donations - > 0x81C8f32F697a69acc15Af19Bab234DeBAD41AbFA
Comment:
Any closed candle on 4h below 9.8-10k will confirm 8.6k-8.8k level