BTC UPDATE (12H)

4 Agu

In the previous analysis, we identified two liquidity pools on the chart, where we expected a drop in Bitcoin after one or both liquidity pools were swept.

But without sweeping these liquidity pools, Bitcoin dropped (probably due to the news of the escalation of the war in the Middle East).

Now, in our view, the purpose of this Bitcoin move is to touch SW L.

We have a close supply and demand range that the price can move towards SW L after reacting to these ranges.

Our next buying range is also defined.

At the moment, we have such a view on Bitcoin.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

6 Agu

Trading ditutup: target tercapai

In the previous analysis, we said that the price target is to hit SW L, which is what happened, and we also determined our next buying range (which is the lower green range).

After hitting our buy range, Bitcoin has bounced back over 11%.

But due to the selling pressure, the market did not respect the high demand and moved straight down

Probably, after a period of fluctuation in these ranges, Bitcoin will hit a lower L. Bitcoin analysis will be updated soon