Trader_Bean

BITCOIN BULL CASE SHORT TERM

BYBIT:BTCUSD   None
Bitcoin currently trapped in a short term channel within a larger rising channel. Still unclear what is going to happen.

My idea is that we come down to 5800 region, grab some liquidity then head off to the weekly resistance around 8000 where we will see a larger correction.

Let's go!
Trade active:
Retrace target hit almost to the dollar. Now can we push on from here and make a strong base above.
Comment:
Still looking good. Playing out nicely.
Comment:
Nice pump now to 7800! If only i had played this move better!! Doh!
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