Bitcoin
Long

100K+ BTC 30m ANALYSIS 06/12

120
Analysis:
Historical day for BTC, smashing the 100k.
I strongly believe all of December we will see BTC fly to 110K+.
In the analysis I've identified a great potential long position I will be looking to take if price comes back into my supply zone, respects and closes inside or above the SR. This is a great 1:6RR and even in the event price does create a LL below M30 Swing Low I will be looking for more long positions with the same target of M30 Swing High.
If the move is successful I would suggest it will tap our supply zone and should fill the entire position within very few candles.
To consider:
  • 100K+
  • FOMO
  • M30 Swing is LL
  • Trump and News Speculation

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