MegalodonTrading

Bitcoin | Did you miss the Bottom? | Wait for this level

COINBASE:BTCUSD   Bitcoin
It will be important to see if we can break above 9.2k. Bullish ABCD pattern setup is still taking us to $10,000.
Key things to take away from this:
  • The next area of support is around $8,900 and $8,800!
  • 38.2% retracement level at 8.8k will most likely bring the buyers back if the up trend is on.
  • UpTrend seems to be still on. If we can close above 9.2k for this month, it will be the beginning of a Bullish Market.
  • Halving event is 104 days away.
Take it easy team.
See you on the next one.
~Bo Bugra

Telegram Here t.me/bugrasukas
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