Bitcoin
Long

BULLISH OR BEARISH ?

123
Btc Update .

After that heavy supply from 10 100 region to 9300 region btc hadn’t seen a supply on the daily until yesterday..

Yesterday daily closed with a red candle ( price action ) however with a controlled supply. Which gives room for more demand.

“My play book” - Possible scenarios

1. Due to less supply I’m expecting more demand and a green candle close on the daily .

2. Today ends a key time pivot on my chart hence will really pay attention to what happens today .

3. Overall I’m bullish and still holding my position from 9500. Will be closing this trade today or possible hold it further depending on VPA

Resistance ahead : 9680 , 9750 , 9840 , 10 060 , 10185 , 10400

Supports : 9500 , 9350 , 9140 , 8850 , 8720

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