BITCOIN PRICE LEVEL to stay bullish

25 Nov 2021

Now, Bitcoin is trading at very important price level. I've shared my 4hr bitcoin analysis chart, that tells the base that is trading at daily demand can decide the upcoming levels for BTC, If we see its holding the price inside the pink box we can expect BTC still has some strength left to continue the bullish move. If we check the daily timeframe we can see BTC is trading at supply for very long time now, this shows the strength that it can hold the price and move further to test more such price levels. For the contraction or supply absorption part, we need to see spread of selling camdles getting reduced with respect to bullish candles so we can actually say that the supply is absorbing. Let me know your views on my analysis, every comment is appreciated,
Thankyou.