MY VIEW ON BTC
From the daily overview of 
BTC's price action, BTC has taken out a lower high which depicts a CHoCH (Change of Character).
From micro timeframes overview, we seeBTC taking out highs as seen on the recent price action where BTC took out the high on 39250 and 40441. So, I'm still bullish on BTC and I believe this is only but a retracement for a bigger move.
Price action is currently approaching the support level on 38330 where a bullish OB is seated. The presence of imbalance validates this OB. I strongly believe we will see a reversal whenBTC gets to the the 38330 support level
DISCLAIMER: This is only my view of price action not a financial advice!
BTC's price action, BTC has taken out a lower high which depicts a CHoCH (Change of Character).From micro timeframes overview, we see
BTC taking out highs as seen on the recent price action where BTC took out the high on 39250 and 40441. So, I'm still bullish on BTC and I believe this is only but a retracement for a bigger move.Price action is currently approaching the support level on 38330 where a bullish OB is seated. The presence of imbalance validates this OB. I strongly believe we will see a reversal when
BTC gets to the the 38330 support levelDISCLAIMER: This is only my view of price action not a financial advice!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.