Bitcoin is entering new zones which usually means price is gonna react, although volume shows some buying momentum, its not convincing enough at this point due to coming weekly bearish close.
I would not take a long position right now and as soon as current levels start to break down I'd look for a short, 215 seems to be key support.
Macro targets are drawn in the chart. Above 245 I could see more swings up.
I would not take a long position right now and as soon as current levels start to break down I'd look for a short, 215 seems to be key support.
Macro targets are drawn in the chart. Above 245 I could see more swings up.
