Greetings and happy new year Traders!
Bitcoin is currently testing support at (1), a break and close below (1) and (2) would indicate further move down. If price stays above (1) and (2), likely move is up towards expected resistance first at (3) then (4). A break and close above (4) would send the price even higher.
Bitcoin is currently testing support at (1), a break and close below (1) and (2) would indicate further move down. If price stays above (1) and (2), likely move is up towards expected resistance first at (3) then (4). A break and close above (4) would send the price even higher.
Trade closed: target reached