Ometrading

BITCOIN BULLISH SCENARIO 32000 USD?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders!

¿What's going on?

As I posted previously, I really doubt that Bitcoin is going to see price levels below 25.000 USD on the next weeks. It would be too much pain and fear for the market.

Before a new crash, I think we will see this week a new bullish impulse, reaching price levels of 31.000 USD - 32.000 USD.

On the chart, you can see a classic impulse & retracement formation. If the 1H candle closes above the EMA9 we can see a bullish today. If it fails, the scenario is totally invalid.

What are you expecting?

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