BTC has been acting super technically!
There are 2 possible scenarios:
Green-Bullish
We saw a bounce from the resistance line...
With enough volume, we will probably move to the strong resistance at 59.5-60k.
Hopefully, we can break it... And move to new ATH!
Red - Bearish
This bounce could be fake and it could break down to lower support areas...
And this can be similar at the resistance at 60k... If BTC gets resisted and goes lower we could see a price around 51-53k...
Basically, all we need right now is closure above the triangle resistance...
There are 2 possible scenarios:
Green-Bullish
We saw a bounce from the resistance line...
With enough volume, we will probably move to the strong resistance at 59.5-60k.
Hopefully, we can break it... And move to new ATH!
Red - Bearish
This bounce could be fake and it could break down to lower support areas...
And this can be similar at the resistance at 60k... If BTC gets resisted and goes lower we could see a price around 51-53k...
Basically, all we need right now is closure above the triangle resistance...
