On the BTCUSDT chart, I have highlighted all significant supports and resistance levels. In my opinion, we may see $14000 - $12000 before the next bull run, which might be before a rally to $38000 or after BTC reaches 38k and then drops to the $14000 - $12000 zone. In August, Bitcoin might reach $14000 - 12000.You can DCA accordingly.
Trade at your own risk Not Financial Advice
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📈 Idea Update after 6 months:
Bitcoin did hit my liquidity box at $31,500 first, and got rejected with a -21% correction. Now, what's next?
If Bitcoin tests my liquidity box again, two scenarios may unfold:
Scenario 1: Bitcoin breaks my liquidity ($31,500 - $32,900), next target will be $38,000 range. Then we may see a potential reversal to $12,000 - $18,000 follows. Scenario 2: Bitcoin tests my liquidity ($31,500 - $32,900) but again fails to break it, leading to a gradual decline to $12,000 - $18,000.
Stay tuned for updates! #CryptoTrading #BitcoinAnalysis 💼📊