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Forex news -forex broker review => Forex => Topic started by: forex4you on Feb 24, 2022, 02:27 pm

Title: Where to next BITCOIN ?!
Post by: forex4you on Feb 24, 2022, 02:27 pm
Where to next BITCOIN ?!



Where to next BITCOIN ?!




Bitcoin / Tether KUCOIN:BTCUSDT





In my previous update, I insisted to wait for $39500 for opening any long positions.
solid try from Bitcoin to reclaim that level but in the end, it was a rejection that brought us here, sub $35000.


from now on the only possible scenario in my head, is to sweep the equal lows at $28000.
If we are lucky we can get a short set up around $36600 which is an H1 OB otherwise, I suggest sitting on your hands and waiting for a clear price action to follow.


the blue box is my area of interest, If I see a deviation below those equal lows I will look for longs.


Stay tuned and make sure to follow me on tradingveiw if you are interested to see how my plan updates from here. 


Source: Where to next BITCOIN ?! (http://aroundworld24.com/2022/02/24/where-to-next-bitcoin/)