Well, Bitcoin has reached our smaller target of 100K, where now we are seeing some kind of recovery.
Yesterday's liquidity hunting resulted in a reversal of trend and now we are back above the support zone (which can now be considered a proper support zone).
Currently we are looking at the ATHs zone as we see the surge in buying pressure but if we see any signs of weakness, then this plan will be gone and we will be looking for the 200EMA line on this timegram to be reached!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.