BTC BULL SCENARIO

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BTC went back to our 35k support level and rejected it as expected. Now, if we want to see a bullish scenario, we have to break above the 40k-42k major resistance level, then we will face the next resistance which is 44k-45k, if we break it too, we will be in a safer position. Finally, we just have to break from the RSI's trendline and then we start talking about seeing BTC at 50k again.

Note: If we break the RSI trend line at a later date it isn't a problem, the resistance areas are our main focus.

For now we are still bearish as I said before.

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What do you think?

Good luck traders,

Not financial advice
Manage risk and leverage
DYOR

NajjarTrading

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We are still far behind...