TheSignalyst

BTC => Bullish UNLESS...

OKX:BTCUSDT   Bitcoin/Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

In accordance with my previous BTC analysis, BTC is currently hovering inside a massive weekly resistance zone 48k - 50k.

πŸ“ˆ The bulls will remain in control, unless the last low marked in red at 47,500 is broken downward.

πŸ“‰ In such a scenario, the bearish correction would start leading to a movement till the lower red trendline and demand zone at 45,500.

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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