Bitcoin is clearly trending higher but there is a heavy supply zone which has to be taken out in order for the uptrend to continue. This zone could cause a bounce or a bigger price reversal.
TP 2.7R B.E. 2R
Not trading this myself but just to give a heads up for those considering buying soon. Better to buy on a pullback to 241.36 or 232.62.
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.