AlexRoma

BTC price action mid-term

BINANCE:BTCUSDT   Bitcoin / TetherUS
Short till MA21W, 31 April , target 43k
Then long till 13 may, where we retest zone 58300-59000
About 15 may BTC will decide it's further trend till autumn, short or long.
It's either 90k buy the end of May, if bulls win (lower probability) or it's 35k if Bears push the price below 58k.
Then we have some flat, another correction, and again lower lows till mid summer until 0.61 FIBO is reached.
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.