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Bitcoin set to retrace past 24 hours' gains

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
AMBCrypto_TA  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Support and Resistance Supply and Demand BTCUSDT btcusdanalysis btcusdsell btcusdshort btcshort btcshortsetup
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trendanalysis supportandresistance supplyanddemand btcusdt btcusdanalysis btcusdsell btcusdshort btcshort btcshortsetup
Bitcoin bounced from $28.2k on Wednesday but the bulls' hopes of a rally might be nipped in the bud.

  1. H2 bearish OB (red box) at $29.3k-$30k was tested in recent hours

    The FVG (white box) at the $28.8k region has been filled- and the price climbed slightly higher as well.

    The H1 bullish OB at $27.8k is the bearish target


Entry: $29,315 (retest of H2 bearish OB)

Exit: $27,850 (H1 bullish OB)

Stop-loss: $30,020 (above bearish OB)

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