Cryptorphic

#BTC Finally Bullish or Bearish? 36k or 27k?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Welcome to this quick update guys. Today I posted a chart in which I speculated that the price of the BTC is about to bounce. At that time BTC was trading around 29760.
It bounced already and rallied almost 10% from there.

What's next?

I will keep this very simple.
BTC needs to break out of this channel and close above the green box, the price level is $33.2k.
Else we are going back below 30k soonish.

What's my bet?
I think the price is likely to move on higher levels but this resistance must be broken soon for BTC to rally harder.



What's your thought on this?

Do you agree with me? Share your ideas and views in the comment section and do not forget to hit the like button if you like my updates.


Thank you



#PEACE
Join my Free Telegram channel for more frequent updates and Trade Setups.

https://t.me/thecryptorphic

https://t.me/thecryptorphic

Also, Do not forget to shoot a follow on my twitter handle!

https://twitter.com/Cryptorphic1

Comments

It's amazing how your analysis are always almost accurate. Thanks for the update.

Can you pls do an update on axs? Thank you ❤️
Reply
@ThreeShs Thanks mate. Sure I will.
Reply
bogusidea ThreeShs
@ThreeShs, very true. I’ve been following Cryptorphic for a long time now, and most recently joined the Elite channel. Love it! Highly recommended.
Reply
Everyone's eyes are on The ₿ Word | Live with Cathie Wood, Jack Dorsey, & Elon Musk. This may impact the market either positively or negatively.
Reply
Cryptorphic Dexter_The_Trader
@Dexter_The_Trader, It's all in the charts mate.
Reply