Hello Dear Traders,
In last idea of btc we discussed about last 2 weeks bearish closing and there was 2 possible scenarios we were waiting for please check last idea here
As Expected btc consolidated at 53k level and started rising again. previously last weekly open and high price was giving resistance bt after consolidation btc crossed these weekly levels and trying to sustain above these levels.
Today BTC closed Monthly candle and after 6 months of solid bull run first time monthly candle closed bearish. its type of DOJI candlestick pattern which indicates bull and bear power is 50:50.
BTC fundamental is getting stronger day by day, no need to worry for major dump. i m expecting btc will go sideways and trade above 56500 levels and after accumulation it will again pump to 64k or we will see new all time high.
In last idea of btc we discussed about last 2 weeks bearish closing and there was 2 possible scenarios we were waiting for please check last idea here
As Expected btc consolidated at 53k level and started rising again. previously last weekly open and high price was giving resistance bt after consolidation btc crossed these weekly levels and trying to sustain above these levels.
Today BTC closed Monthly candle and after 6 months of solid bull run first time monthly candle closed bearish. its type of DOJI candlestick pattern which indicates bull and bear power is 50:50.
BTC fundamental is getting stronger day by day, no need to worry for major dump. i m expecting btc will go sideways and trade above 56500 levels and after accumulation it will again pump to 64k or we will see new all time high.
