#BTCUSD Road to 46k or 27k? Here's is the plan!

BTC broke below the 21D MA and the 50D MA.
This is a bad sign in the short term.
While it is actually retesting the Resistance turned support channel trendline which makes it bullish.

So a little confusing right?

Let me clear this for you.
BTC can easily break above both the 21D MA and 50D MA.
It is following the second scenario of my last BTC update.
We needed a retest of the 37k level and it's done.
We may get a bit more wicks to the downside to sub 36k level but we will bounce and eventually break the 43k and 45k level.

INVALIDATION: If we get a daily close below 34750 then BTC is done for now and it will fail its chance to get back up!

What do you think? I am bullish! I would love to know your thoughts! Please share in the comment section and if you find this update helpful, do not forget to hit that like button!

Thank you!

Stay safe


#PEACE