BTC FLIPPED OVER THE DOWNTREND LINE? NEXT MOVE FOR BTC?
BTC just flipped over the downtrend line and closed bullish on 4H TF, indicating that buyers have taken the control over sellers.
If BTC maintains the support at the $71,800 and closes bullish above this level then price could possibly go to its ATH or $73,800 again and could make another ATH
Contrarily, If BTC fails to hold this level and just flips below it, It would suggest that sellers have not given up in selling on higher levels, then the next stop for BTC would be at $68,800 as mentioned in the chart
Trade accordingly
Warm Regards,
HAZIQKHANTRADES
If BTC maintains the support at the $71,800 and closes bullish above this level then price could possibly go to its ATH or $73,800 again and could make another ATH
Contrarily, If BTC fails to hold this level and just flips below it, It would suggest that sellers have not given up in selling on higher levels, then the next stop for BTC would be at $68,800 as mentioned in the chart
Trade accordingly
Warm Regards,
HAZIQKHANTRADES