As i mentioned in my previous idea i was expecting a breakout to the upside around 2359 area if we could breakout 1600 sat area.
You can check my previous idea from down below.
But from there, price bounced down because BTC having rough couple of days and of course it needed a price consolidation after such a huge run over a year!
If btc price doesnt drop to the 54500 usd area and close 1-2 candlestick on daily chart we can be optimistic about btc and other pairs.
Until then one should be carefull and watch out BTCUSD price action!
Btw right now i m expecting a retrace on BTC because we actually need it!
In the long term, im bullish on neobtc if crypto market doesnt go full bearish mode with btcusd pair breaout to the downside around 45k usd!
Be patient and watch out the market.
You can check my previous idea from down below.
But from there, price bounced down because BTC having rough couple of days and of course it needed a price consolidation after such a huge run over a year!
If btc price doesnt drop to the 54500 usd area and close 1-2 candlestick on daily chart we can be optimistic about btc and other pairs.
Until then one should be carefull and watch out BTCUSD price action!
Btw right now i m expecting a retrace on BTC because we actually need it!
In the long term, im bullish on neobtc if crypto market doesnt go full bearish mode with btcusd pair breaout to the downside around 45k usd!
Be patient and watch out the market.
