🔥 Bitcoin Minor Downside Before Bullish Move

A few days ago I made an analysis on Bitcoin where I stated that we're currently experiencing the reversal of the downtrend and that more bullishness is coming our way.


The first target has been hit. However, target 1 opposed significant selling pressure, and thus the price bounced off slightly and is edging down.

There's a possibility that BTC will make a bear move towards the trend line to turn it into support. Assuming BTC will bounce off from it, it would be a very bullish sign in the short term.

Second target around the previous low still stands.

Happy trading!