Bitcoin (BTC): Market Structure Break + Successful Re-Test | Buy

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After the deep downside trend we had on the Bitcoin, the price formed a decent market structure break (MSB), which reached the 100EMA and then went for a retest.

Now after the retest we are seeing a decent movement forming and price recovery happening, which can lead the price back to 100 EMA and then possibly break it as well.

Monday was bloody but the rest of the week should be green!

Swallow Academy
Note
snapshot
BTC reached and broke the 100EMA line, where price is in full control of buyers currently (with no signs of weakness so far).

One of our targets is being approached and now we're looking for further movement here to upper zones. So far, looking good.

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