COINBASE:BTCUSD In this video, I am building a case of a 9000 bottom. Over a short term we should see the retest to the 11200 resistance followed by 11500 price target. If market doesn't revisit those levels in coming week then we need to revisit if the bullish case holds.
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The market has moved south below the 9500 levels. 9050 is a key level to hold the bullish view. If we see full retracement to 9050 then bearish alternate will take precedence. A break above 11200, bullish and a break below 9050 bearish
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We have survived 9050 target and market is turning again. For now, we are looking 10200 for the early signs of reversal. Break above 10200 will favour the bullish alternate