📈Bitcoin fake bullish scenario📉

Apr 30, 2023

Hey everyone, first take a look at my previous analysis and positions.

• Bitcoin can first test the green levels in the bullish scenario, then return to levels below 27,000 with more supply pressure.
  
• Price divergences and important pivot levels are marked on the chart.
  
• Don't forget to risk-free your position.
  
• Consider the impact of the ISM Manufacturing PMI.
  

PMI above 50 is seen as positive for the DXY, whereas a result below 50 is seen as negative (or bearish).
Please share ideas and leave a comment,1
let me know what's your idea.
CrazyS✌

May 3, 2023

Note

If the price stays above the 28,875 level, Bitcoin can continue its fake bullish scenario.✌
If the mentioned level is not completely broken, Bitcoin will move like the blue area marked in the past and will return to the area of 26K-25K.