BTC daily analysis
After Trump's crypto reserves news, BTC was able to shrug off the bearish momentum and bounce back from around 81,500 and close above the previous daily closing of 86,000. That opens the way for price to now retest the previous daily high of 93,800. The asian session has closed slightly bearish but the daily momentum is still to the upside, which should see the London and/or New York session moving the price up. The best entry would be as the price breaks and closes above the Asian 4H high of 89,000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.