Hi traders,
I have two scenarios for BTC/USD , considering the current critical zone .
It appears to be the second time that the price has reached this area and has shown signals indicating support from this zone.
The first senario suggests that if the if the price forms a strong bullish candle on the 15min it could potentially move higher and reach the 67000$zone.
The second scenario considers a daily timeframe breakout below the 60000$ zone, if the price closes below this zone , it suggests that the price may continue to decline and potentially reach the 52000$ zone.
I have two scenarios for BTC/USD , considering the current critical zone .
It appears to be the second time that the price has reached this area and has shown signals indicating support from this zone.
The first senario suggests that if the if the price forms a strong bullish candle on the 15min it could potentially move higher and reach the 67000$zone.
The second scenario considers a daily timeframe breakout below the 60000$ zone, if the price closes below this zone , it suggests that the price may continue to decline and potentially reach the 52000$ zone.