BTC - Boring Month⁉️

Hello TradingView Family / Fellow Traders,

BTC has been hovering within a big range between $60,000 support and $70,000 resistance.

Scenarios:

1️⃣ Bullish

For the bulls to take full control again, a break above the $72,000 mark is needed.

In this case, a movement towards the $80,000 resistance would be expected.

2️⃣ Bearish

In parallel, if the $60,000 support is broken downward, we expect a bearish movement towards the $50,000 demand zone.

Which scenario is more likely to happen first? and why?

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr