Bitcoin / TetherUS
Updated

Bitcoin new update (1D)

234
Bitcoin has not yet fully absorbed the buy orders in the marked support zone. This time, upon tapping the support area again, we can expect the price to form a stronger bullish move, at least toward the identified supply zone.

A daily candle closing below the invalidation level will invalidate this outlook.

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We were expecting the price to react from the marked upper demand zone, but it reversed upward slightly before reaching it.

Now the price can move from the upper demand zone toward the supply box, which would be a move of more than 6%.
snapshot

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