R.ACEACEACE #BITCOIN #BTC #XBTUSD BEAR BOUNCE $37,000 - $39,000

I believe there is a good chance the price will retrace upward to kill some bears.

Support: $28,800
Resistance: $33,864

I believe the price could run upward to near $37,000-$39,000 if it is able to break above $33,864

My bias remains overall bearish. If the support at $28,800 continues to hold, I expect the bounce to be a very choppy ride.

Please do your own analysis, responsibly manage your risk, and stay safe.

Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Comment:

Please carefully read what I wrote: I believe the price could run upward to near $37,000-$39,000 if it is able to break above $33,864...My bias remains overall bearish

---I am currently in a short trade

Trade active:

I believe Bitcoin may retest $37k. Please see latest long trade idea.