SatochiTrader

BTC AT CONFIRMATION ZONE FOR 56K

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
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After the successful increase from 42K to 48K, BTC seems to make new confirmations levels between 51-52K for the high possibility break to 56K

BTC moment price action 51740
Comment:
BTC is in an important volume range.
There is a good possibility that BTC will see a new break this week.
Comment:
The moment trend of BTC is still positive.
56K can bring BTC in golden range
Comment:
Interesting zone where new building volume can start
Comment:
Comment:
BTC trend between 50400 and 52000 is a healthy trend and will let BTC still stay positive for the next possible break to 56K

At this moment there is no confirmed trend for a real breakdown trend, BTC has still the power to increase.

51K Zone has a whale interest point, which could give the price a shot back to 52K in a short-term frame.
Comment:
The increase building that running since 25 JAN 2024 at 15:15 is still active
Comment:
755 volume trend
Comment:
for new reversal day volume BTC should target on low time frame of 51700 again
Comment:
BTC target the $56K target
Comment:
BTC is in a positive trend and did confirm the 56K to 59K

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