Hi fellow traders♥♥
we are here with another analysis to see what could happen to the king of crypto
as we mentioned in our previous publication these 5 months were a tight range
but we see that the BTC price has just broken its 17600 resistance
if we look to the left we can find 2 major zone
The first one is an FVG whose price tends to reach there no matter how much it takes
🛑but we can not be sure that price level can push prices up or not
so we come up with the second zone the HVP(high volume price)
in Jul 2020 bulls showed interest at this level and push the price up
so it can happen again
so we need some time to see BTC around that level
we will update you when it closes that area
we are here with another analysis to see what could happen to the king of crypto
as we mentioned in our previous publication these 5 months were a tight range
but we see that the BTC price has just broken its 17600 resistance
if we look to the left we can find 2 major zone
The first one is an FVG whose price tends to reach there no matter how much it takes
🛑but we can not be sure that price level can push prices up or not
so we come up with the second zone the HVP(high volume price)
in Jul 2020 bulls showed interest at this level and push the price up
so it can happen again
so we need some time to see BTC around that level
we will update you when it closes that area
