BTC seems to be quite predictable last weeks.
The reason is H1 channel, that shows us flatting downtrend of BTC.
As we expected the bounce from the support zones yesterday, there is an idea that the price can move down again.
If that happens, we can see BTC retesting 31000 - 30000 zones with a new bounce effort.
If buyers continue to show the interest, there will be a chance to go to 35000 and even higher.
Anyway, 2 major channels H1 and H4 are showing a permanent downtrend.
Be careful and mention it in your trades.
The reason is H1 channel, that shows us flatting downtrend of BTC.
As we expected the bounce from the support zones yesterday, there is an idea that the price can move down again.
If that happens, we can see BTC retesting 31000 - 30000 zones with a new bounce effort.
If buyers continue to show the interest, there will be a chance to go to 35000 and even higher.
Anyway, 2 major channels H1 and H4 are showing a permanent downtrend.
Be careful and mention it in your trades.
Trade aktif:
Still moving in the channel