Based on the chart, $BTC has been corrected to 20,700 which is above 50% fibonacci retracement. So, in the short term TF we might see $BTC trading range tightened in 21,700-23,800 range. If breaout from 161% fibonacce could take place, we might see a bulish continuation to 28k - 29k price range.
This TA is purely my personal opinion and is not financial advice. keep DYOR
This TA is purely my personal opinion and is not financial advice. keep DYOR
Comment:
USD Index on 1h TF are showing bearish divergence
Comment:
hidden bullish divergence on 1h TF
Comment:
Looks like my bullish scenarion might not be successful, see you again on next bull run