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ahmadboukais1
May 28, 2021 10:20 PM

btcusd to 42k 

Bitcoin / U.S. dollarBitstamp

Description

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
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