CRYPTO MECHANIC
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Bitcoin Rebound | The Bull Market Is Back?
Its a good start of the week, Bitcoin spiked above $87k and everything looks so green.
Is the bull market back? Lets find out
I will try to keep this update short and straight forward.
BTCUSD (Weekly)
Most of you know about the weekly chart i have been posting. Somehow it's still the same. The price is still in the middle of nowhere and that means we don't have anything to discuss on the weekly.
Lets move straight down to the daily chart.
BTCUSD (DAILY)
In my last week's update i said the daily chart is where everything is happening. Let me give you a recap and then we will discuss further.
(Last week's update)
(Last week's update)
(Last week's update)
(Last week's update)
Carefully read everything i shared above and understand how i predicted the move not only based on the charts but based on the sentiments.
What to Expect now?
This was the chart i shared in my last update. $88k-89k is pretty solid zone imo. i Wouldn't be surprised if price squeeze higher than that. But remember that like i said before. As long as we don't flip weekly zone, Nothing will change
$86k is now an important zone to hold on Lower tf as its the range breakout. As long as price can hold above that. We can expect some more upside. Into $88.8k ish highs and probably higher.
So far the price is going as we planned it, Lets see how this week unfolds it's just the first day. If i see any changes i will keep you guys updates.
Is the bull market back? Lets find out
I will try to keep this update short and straight forward.
BTCUSD (Weekly)
Most of you know about the weekly chart i have been posting. Somehow it's still the same. The price is still in the middle of nowhere and that means we don't have anything to discuss on the weekly.
Lets move straight down to the daily chart.
BTCUSD (DAILY)
In my last week's update i said the daily chart is where everything is happening. Let me give you a recap and then we will discuss further.
(Last week's update)
(Last week's update)
(Last week's update)
(Last week's update)
Carefully read everything i shared above and understand how i predicted the move not only based on the charts but based on the sentiments.
What to Expect now?
This was the chart i shared in my last update. $88k-89k is pretty solid zone imo. i Wouldn't be surprised if price squeeze higher than that. But remember that like i said before. As long as we don't flip weekly zone, Nothing will change
$86k is now an important zone to hold on Lower tf as its the range breakout. As long as price can hold above that. We can expect some more upside. Into $88.8k ish highs and probably higher.
So far the price is going as we planned it, Lets see how this week unfolds it's just the first day. If i see any changes i will keep you guys updates.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.