Currently forming a bullish divergence, double bottom. Recent Point of control zone is around our bottom, most volume traded is around that area, I believe that the whales are buying in now, we could see some reversal to the upside soon on bitcoin, I won't trade the first resistance because it will look risky, but I will short the one above it because if we close, we will pump. Then we will go down to grab some liquidity before going more upwards, or just continue going downwards after filling the point of interest zone of the recent structure that we broke. First TP should be reached, then we will see.
If we fail to reach other tps and close above our first short stop loss, we will see another massive pump to the next point of interest zone.
Bitcoin: Short term: BULLISH
Mid-term: 65% Bullish
If we fail to reach other tps and close above our first short stop loss, we will see another massive pump to the next point of interest zone.
Bitcoin: Short term: BULLISH
Mid-term: 65% Bullish