SimplyShowMeTheMoney

$BTC weekend chart analysis

Short
BITSTAMP:BTCUSD   Bitcoin
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

!! This chart analysis is for reference purposes only !!

Bitcoin hasn't gained its full strength yet. My team believes that the selling pressure will continue until $BTC reaches its next demand zone as shown on our chart.


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Comment:
Yesterday morning Bitcoin dipped down to 39k but was quickly able to climb back and finish the day in the green. While $BTC didn't reach our buy, we still consider the current set-up bullish.
Comment:
Our sentiment for $BTC remains bullish.
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