BTC Analysis
BTC is showing some signs of weakness, but if it closes above-marked swing high on the H1 chart, I will consider bullish and it will maybe have the chance to touch $8500 soon.
But if daily candle close below marked swing high, It will drop till $7540 HTF support.
Making of higher high like, in this case, is always bullish sign.
Enjoy Analysis!
BTC is showing some signs of weakness, but if it closes above-marked swing high on the H1 chart, I will consider bullish and it will maybe have the chance to touch $8500 soon.
But if daily candle close below marked swing high, It will drop till $7540 HTF support.
Making of higher high like, in this case, is always bullish sign.
Enjoy Analysis!