Bitcoin is back to the base range of where the recent move started off, will the bulls be second time lucky here. Either side a decent Risk Reward Trade is on offer on clear of this range.
Pls See My Analysis of #BTCUSD and tell me what you think ☺️🙏🏼 Thanks
PowerTrades
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@Ar_M_An_4, Saw yours, that is good. Only thing that I may add is that 26/27 was a complete bullish reversal candle. These are typically strong reversal patterns, so we need to have a support band there. We are pretty close to testing that back. what works here for the bearish thesis is that markets have not seen much follow through. What is a worry for bullish thesis is ETH is attempting a break out of multi week highs, if that happens BTC cant digress much and hence the break out may coincide with a low marked for today. a