Bitcoin look bullish but need to hold 33k level to go further up
Technical analysis:
Welcome to this quick update, everyone. During my last few updates I've stated that BTC can easily hit the 36k level since everyone was waiting for 24k level it never happened "YET"!
BTC is currently trading around the 34k level.
the green channel must hold for BTC to remain bullish .
There are two scenarios I see possible here :
1. BTC can either hold this level and continue by breaking the 35k level or
2. BTC can either take a dip around 33k level and continue to the upside.
this can only get invalidated if BTC closes below the 31k level in daily.
The Weekend is near so we can expect some low-volume P&Ds on weekends.
So be careful and take trades carefully.
Bitcoin is bullish but will get invalidated if it fails to hold the 31k level.
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Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
Welcome to this quick update, everyone. During my last few updates I've stated that BTC can easily hit the 36k level since everyone was waiting for 24k level it never happened "YET"!
BTC is currently trading around the 34k level.
the green channel must hold for BTC to remain bullish .
There are two scenarios I see possible here :
1. BTC can either hold this level and continue by breaking the 35k level or
2. BTC can either take a dip around 33k level and continue to the upside.
this can only get invalidated if BTC closes below the 31k level in daily.
The Weekend is near so we can expect some low-volume P&Ds on weekends.
So be careful and take trades carefully.
Bitcoin is bullish but will get invalidated if it fails to hold the 31k level.
❤️ If you find this helpful and want more FREE forecasts in Tradingview.
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Stay safe
Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #dailyclosed
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