Cryptosoulja

BTC BULLS IN CONTROL SOON?

BINANCE:BTCUSDT   Bitcoin / TetherUS
If BTC fails to close above 43,300 we can see a retest of the neckline of the double bottom pattern on the btc daily chart which is a strong level due to also being a naked POC level and an order block level on the daily timeframe.
we can expect a bounce off that neckline if a bounce fails to happen we could potentially be looking at a deads cat bounce where we could see btc try to take out the montly lows at 33k

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.