stonekeeptrading

Bullish Bitcoin Outlook [4H Chart]

Long
BITSTAMP:BTCUSD   Bitcoin
After BTCUSD price found support for the second time on our 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐒𝐭𝐨𝐩 𝐋𝐞𝐯𝐞𝐥𝐬 at $65,241, $BITSTAMP:BTCUSDquickly shot up to $66,429, where the 'Period 1 Analysis' level is on our 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐒𝐡𝐢𝐟𝐭𝐬.

With the price rapidly increasing after hitting strong support, surpassing the level identified in our 'Period 1 Analysis', it suggests that the market is turning bullish again after nearly two weeks of decline. The next key level for BTCUSD that bulls aim to reach is $68,193, as indicated in our 'Period 2 Analysis'. Surpassing this level would strongly signal a broader market shift.

Stonekeep Trading Systems LLC
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