BTC/USD analysis in 4h timeframe

As we expected bitcoin made a new all time high $73000 area and collect the liquidity over the last ATH $69000.

price is in a trading range between $60000 / $74000.

New flag limits are marked on the chart.

Bitcoin is forming a wyckoff structure and if it ingulf $58000 / $61000 demnad zone it will confirm the structure.

If the WYCKOFF structure is confirmed, price my fall down to $52000 Demand zone.

Otherwise if it gives us a bullish signal on $61000 Demand zone it will be a good investment too buy some #BITCOIN .
Bitcoin (Cryptocurrency)Chart PatternsDemand ZoneinvestmentliquiditylongpositionRTMshortpositionSupply ZoneTrend AnalysisWave Analysiswyckoff

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