BTC - Bullish Case Scenario Update

18 thg 4, 2023

Hello everyone this an update to my "BTC - Bullish Case Scenario" post. Btc tested our green box of old resistance that we were predicting would become new support. We did not get exactly the price we wanted at the 21D MA, but after testing that zone we created a dragonfly doji and price reversed back to the upside. Now we can see BTC is testing another extremely key level. This was also a major level for BTC that was old support (green circles) and now looks like is acting as new resistance (red circles). As long as we are below this line it is a good short. If we start closing 4H candles back above this level it will be a great long!