Bitcoin scenarios 01st of March 2021

Hi guys, it seems Bitcoin is correcting. We had a 14-15.000$ drop last week, now it seems we found a potential bottom at the 43.000$ levels. If the buyers can sustain the move up with a close over the 46.000$ levels we wil see the bull market continue. If they can't we might get a buying oportunity at the 36.500$ levels soon.

Trade carefully friends !

Commentaire:

we are curently re-testing the 49.200$ levels, if we get a rejection here, we get back to the 47.000$ levels, a bounce there would support the bullish scenario

Commentaire:

we bounced, seems the bullish lines I drew are being followed to the second :)

next stop 52.500$

Commentaire:

almost at my target, 52.400$, RSI in overbought land, trade carefully friends