🔥 Bitcoin Short-Term Reversal Play: Bottom In?
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BTC has dropped over 10% in the last two days. In my eyes, the bottom could potentially be in based on the parallel channel drawn on the chart.
Alts took another beating. If this reversal plays out both alts and BTC are in for a treat.
For now, I expect a retest 67.500$. Stop below the recent swing-low and a target at the yellow top resistance.
Alts took another beating. If this reversal plays out both alts and BTC are in for a treat.
For now, I expect a retest 67.500$. Stop below the recent swing-low and a target at the yellow top resistance.
Note
Entry hit, moving up quick!
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