Babenski

Bitcoin simple analysis

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC / USDT

Bitcoin rebounced from the second support in my last Analysis

Right now the good signs are :
1- price back above trendline again
2- price is consolidating above MA 20 daily

These Signals can provide support for Bullish movement

The most important level for bulls that should hold above is 53.5k zone and i want to see daily close above

🚨Invalidation : breakdown of 45k can send the price toward third support around 41-38k


Thanks for reading ..best wishes

📈Telegram channel: t.me/bitcoin_masters


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