TheSignalyst

BTC - Are The Bulls Strong Enough?❗️

OKX:BTCUSDT   Bitcoin/Tether
Greetings, TradingView Family! This is Richard, also known as theSignalyst.

As per my last BTC daily timeframe analysis, BTC rejected the 25,000 support and traded higher.

📈For the bulls to remain in control, it's crucial for BTC to surpass the orange trendline and 28,000 minor resistance. If this occurs, we can expect further upward momentum toward the 30,000 resistance.

📉 Meanwhile, BTC would be stuck inside the 28,000 - 25,000 range, and is currently around the upper bound of the range.

📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.

Good luck!

Remember, all strategies are good if managed properly!

~Rich

This analysis is done using RichTL
www.RichTL.com

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