BTC outlook for 1 June 2022.

1 thg 6, 2022

BTC currently trading and respecting the strong support zone that was previously a strong resistance and proved a difficult level for BTC to break out of. I would like to see BTC continue respecting this strong level and create a support zone before continuing back towards the 32k level and close well above. As long as BTC respects this support level I do believe we could see further bullish momentum. A close back below the support zone means BTC has made a fake out and the possibility of further downwards momentum will increase.