VasilyTrader

BITCOIN (BTCUSD): Detailed Technical Outlook: ₿

Short
COINBASE:BTCUSD   Bitcoin

Bitcoin is unstoppable.
The market gained almost 30% from the beginning of the year.

Now the market is stuck on a key daily structure resistance.
Analyzing a 4H time frame, I spotted a horizontal trading range.
Depending on the reaction of the price to its boundaries, I see 2 potential scenarios:

Bullish scenario:
If the price breaks and closes above 21300 - 21500 area on a daily,
I will expect a bullish trend continuation at least to 22400

Bearish scenario
If the market violates 20200 - 20700 area and closes below that on a 4H,
a bearish movement will be expected at least to 19100

Patiently wait for a breakout, that will be our trigger!

What do you personally expect?

❤️Please, support this video with like and comment!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.