btc is getting ready t bounce back to test the 42k zone. We have 2 case scenarios that might play out. First is as shown in the chart, price will bounce from 34-35 zone, break and retest then shoot.
Second scenario is price goes down to 33k zone and shoot from there.

btc is still bearish on the 1 and 4h time frame but i think we will start seeing higher highs and higher lows at this point.
34900 would be a great entry but if price doesn,t get back there, then wait for a breakout and retest at an entry around 35500k
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.