BINANCE:BTCUSDT i don't know nothing about fundamental but in the technical i guess bitcoin can reversal in this aera or have rest . in price action i think after this spike BTC can go in channel or trading range cycle. so don't be emotional now it's late to buy. " this is just my opinion don't trust me just trust your self and your analysis"
After 4 hits to the area of 43400-43191, it is expected to break, but the market seems bearish, and on the other hand, the market is expected to reverse in the area of 43965-43644, and my scenarios are bearish. "I do not give any signal and only give my personal analysis, Good luck."
Bitcoin is in a trading range that in a short period of time we will probably reach the area of 43318-43160, which is considered the ceiling of TR and it may be reversed, we can short after seeing the signal. "I do not give any signal and only give my personal analysis, Good luck."
After four hits to this area, there is a high probability that it will break and our scenarios can be shorts.
Bitcoin pulled back to the area of 45411-45772 after the breakout and during this pullback it broke the trading range it had formed and moved by that amount. And now it is in the range, we can trade scalp in the lower time frame.
For this reason, I got a stop when Bitcoin wanted to pull back to the area of 45411-45772, then this power full brake out.