BTC - The Bulls Are Back 💪

Greetings, TradingView Family! This is Richard, also known as theSignalyst.

As per my last BTC analysis, we know that the bulls took over by breaking above the 26,500 high.

📈For now, the bulls remain in control and we are expecting a movement till the 29,000 supply zone in orange.

📉Unless the bears manage to take over by breaking below the 27,800 support in red. In this case a movement till the 27,000 demand zone in blue would be expected.

Which scenario do you think is more likely to happen? and why?

📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.

Good luck!

Remember, all strategies are good if managed properly!

~Rich