BITCOIN TO 20K

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We had a good monthly close, however, we need to monitor our weekly candle close and daily because we have a really bear scenario that could possibly play out.

We did not see a break below 28k-30k, but we hit this area over and over and it got weak, we could expect to see a break below it if we break below 28k.

Furthermore, our 20k old ATH is still untested.

Hopefully we break above 42k and cancel this scenario.

For this to play out we need to reject 42k-40k and break below 28k.


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What do you think?

Good luck traders,

Not financial advice
Manage risk and leverage
DYOR

NajjarTrading