BTC daily review: No follow up buys on Bitcoin
**Welcome to daily Bitcoin review**
So no follow up buys after big $btc green candle, maybe bulls waiting for some retracement
I have always seen these sudden news based pumps die down but let's see how it works out in next couple of days.
Btc is clearly under resistance, so no need to celebrate anything yet
For me bullish scenario is flip $33.2K resistance and $btc goes to $40K
RSI is still under resistance and below 50 area
We can still buy the retracement towards $30-31K area with SL below the $29.3K level
and add to our position when it goes above $33.2K area
I will be ready, happy trading!
#Bitcoin #Crypto
BTCUSD
So no follow up buys after big $btc green candle, maybe bulls waiting for some retracement
I have always seen these sudden news based pumps die down but let's see how it works out in next couple of days.
Btc is clearly under resistance, so no need to celebrate anything yet
For me bullish scenario is flip $33.2K resistance and $btc goes to $40K
RSI is still under resistance and below 50 area
We can still buy the retracement towards $30-31K area with SL below the $29.3K level
and add to our position when it goes above $33.2K area
I will be ready, happy trading!
#Bitcoin #Crypto
BTCUSD
