Bitcoin / TetherUS
Panjang

Btc - a Possible Trend Reversal onthe Daily

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Looks like BTC finally got a good daily candle, we still have about 4 hours of time for it to close at the time of writing. However, even if we erase some of these gains, the wick it will leave would still constitute a bullish move in my opinion.

Here is my reasoning for possible bullish reversal:
  • Another Elon tweet, this time rapidly bring some positive price action
  • Braking the current bearish movement that is evident in the last two weeks, even if by just a wick, in case we close this daily candle lower
  • Touching some key levels from January of this year in a single candle

Penafian

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