Hello dear friends ,

I'm sharing with you a possible scenario about the mid-term Bitcoin price action :

➢Taking the under 60K liquidity and having a strong rebound from 55-57K area.

-We could see that already the "-DI" line is going up , so that means we could see a bit more of a downward move.

-Most likely the levels below 60K will unleash a lot of liquidity and the big players will take advantage of that buying some Bitcoins before the next leg up.

*nothing of the above is and could not be taken as an advice, just my thoughts.

#bitcoin #btcusd #crypto $BTC

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8:16 AM·Apr 17, 2024 ·Translate