Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
BITCOIN QUICK UPDATE WITH POSSIBLE SCENARIOS
As we mentioned last time in the Text analysis, price is still around our resistance zone.
So, we are still speculating a bearish correction till the lower rising trendline. after breaking below our major swing lo marked on the chart
Then a movement lower would be expected till the lower rising trendline where we will be looking for new longs
Unless price managed to be breaking above 25k from DAILY time frame to confirm that a movement higher would be expected till the upper resistance zone 28k-30k resistance zone
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!