theprofitstation

BTC UPDATE // BITCOIN UPDATE

Short
COINBASE:BTCUSD   Bitcoin
#BTC UPDATE :
In 1D TF according to CPR indicator bitcoin did pretty exactly what i discussed earlier because i was expecting relief rally towards bottom CPR line and after reaching bottom CPR line we we expecting rejection and if we see the price action is doing exactly like my previous update so now it is considered as very bearish scenario why because getting rejection at bottom CPR could be showing reversal towards downward area where we are looking monthly S1 line as our potential upcoming target around 19800 area.

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