BTC Possible Scenarios
Not saying none of them will play, cause one will have to, but we still seem to have the 3D structure intact, Channel still is not broken.
I am expecting a shorterm relief with tomorrow market opening and on SPY, maybe this can pull BTC up a bit.
My final target is 65k-72k, but can go a bit higher to touch the above channel line
In my view, BTC is still in a bullish trend on higher timeframes, however only time will tell when this is going to change.
If we break the 3D channel, we will def. go all the way to the yellow demand area, (28-30k), if that is broken, we will welcome 20-19k
Trade Safe!
I am expecting a shorterm relief with tomorrow market opening and on SPY, maybe this can pull BTC up a bit.
My final target is 65k-72k, but can go a bit higher to touch the above channel line
In my view, BTC is still in a bullish trend on higher timeframes, however only time will tell when this is going to change.
If we break the 3D channel, we will def. go all the way to the yellow demand area, (28-30k), if that is broken, we will welcome 20-19k
Trade Safe!