Long Term Idea On Bitcoin - Road to $170k

9 thg 7, 2021

BTCUSDT

First post, bare with me.

Bitcoin has been consolidating in a tight range failing to break up or down several times. This week will see a positive uptrend to test the 45k range (Point A). However, I believe the trend will not continue until we retest the 30k range again (Point B). This last test is important because it could either hit the order block and bounce back OR drop a bit below to liquidate and stop hunt.

Not financial advise. Trade safe