Coinlion_TT

BTC: Bullrun not before February !

Short
BITFINEX:BTCUSD   Bitcoin
#BTC/USDT Update:-

$BTC currently trading at $46000

1. The 50MA in 4h chart did not hold
2. It seems that we are going to the Wickoff's spring around 43K (0.382fib) where we can entry for a short run till 53K (0.618fib) before being rejected by the 200MA
3. The consolidation phase will last a while (same if we compare to may 2021) before the 50MA cross the 200MA. We will navigate around the 0.382fib probably till end of January, beginning of February where we will see a big bullrun.

Short term - 43k

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