Bitcoin Price Action
Presented is a 1 hr Chat analysis.
With confirmed support at 34 k initiated by our recent pivot I sentiment a retest of 37 k. 37 K is our price that much be breached for our bulls to reach 40 K.
40 K should be the focused target for the bulls to flood the Mempool in attempt to take back control of our previous rising price
RSI and SRSI are rising out of the oversold zone while MACD/SIGNAL are initiating a cross to then breach ups through the 0 line.
Please comment with thoughts and ideas. Thank you.
With confirmed support at 34 k initiated by our recent pivot I sentiment a retest of 37 k. 37 K is our price that much be breached for our bulls to reach 40 K.
40 K should be the focused target for the bulls to flood the Mempool in attempt to take back control of our previous rising price
RSI and SRSI are rising out of the oversold zone while MACD/SIGNAL are initiating a cross to then breach ups through the 0 line.
Please comment with thoughts and ideas. Thank you.
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