BTC - BULLISH SETUP UPDATE
BTC BULLISH- SCENARIO
BTC found support and need to hold this area support 7035 - 7185 also need to hold yellow line support
to confirm more bullish price action bitcoin need to trade above 50MA then 50MA must act for a support in 4H TF so BTC need break some resistance above 7714 region and continue moving upward that can
change the trend to an upward channel, for now, we are still in a downward channel the bear is still in control until we see some bullish candle that will make the trend to an upward channel. Let's have to wait and see for next days
BTC BULLISH- SCENARIO
BTC found support and need to hold this area support 7035 - 7185 also need to hold yellow line support
to confirm more bullish price action bitcoin need to trade above 50MA then 50MA must act for a support in 4H TF so BTC need break some resistance above 7714 region and continue moving upward that can
change the trend to an upward channel, for now, we are still in a downward channel the bear is still in control until we see some bullish candle that will make the trend to an upward channel. Let's have to wait and see for next days