ElectricMonday

BTC in a choppy range.

BITFINEX:BTCUSD   Bitcoin
Hello everyone,

I present to you a simple chart of key levels on BTC/USD.

We are currently within a price range: 1997 - 1851.
There are two possible scenarios:
- bullish one, BTC breaks 20k resistance and holds it as support, this opens the way towards 25k, it is possible to follow even 29k;
- bearish one, BTC breaks 18k support, it falls towards 16k, it is possible 13k to follow.

Sometimes the best strategy is to simply wait and see how price will surprise us.

Comments and opinions are welcome.

Enjoy your day!

**NOT financial advice, everyone do their own research**.

Best Electric vibes,
Electric Monday.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.