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Will ever BTC retest 51K area?
THIS IS NOT A TRADE ADVISE JUST MY THOUGHT TO SHARE WITH YOU
For weeks BTC is taking the down stairs path but if we zoom out in the daily frame a double bottom is forming, based on that view I would say BTC will probably retest the 51K area once closes on the daily/ weekly frame above the resistance line of 43K with a strong candle, otherwise I would consider it a bull trap.
Looking forward to read your opinions in the comments.
For weeks BTC is taking the down stairs path but if we zoom out in the daily frame a double bottom is forming, based on that view I would say BTC will probably retest the 51K area once closes on the daily/ weekly frame above the resistance line of 43K with a strong candle, otherwise I would consider it a bull trap.
Looking forward to read your opinions in the comments.
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