*Looking to buy market up to $33,500, I expect a short-term bullish recovery in the market.*
Daily:
Bitcoin had a strong bullish closure today and our price action looked good. Our support level is strong and the market should continue higher from here. My next resistance target is $33,500 and CA members are currently positioned in a risk-free swing from buys at $30,000. We are currently testing resistance at the top of the daily range and I expect a breakout before the weekend. Since tomorrow is the last official trading day of the week, we may see a slowdown of volatility so I expect larger moves to come tonight or tomorrow morning. I will monitor the intraday for more opportunities to keep enter the market. Any positive news for the stock market will confluence Bitcoin’s short-term bullishness.
Intraday:
The intraday was active as we traded up about $1,000 on the day. We were in a bullish consolidation for the whole day and any pullbacks will serve as good potential entries for long positions. I expect a continuation of this trend tomorrow.
Daily:
Bitcoin had a strong bullish closure today and our price action looked good. Our support level is strong and the market should continue higher from here. My next resistance target is $33,500 and CA members are currently positioned in a risk-free swing from buys at $30,000. We are currently testing resistance at the top of the daily range and I expect a breakout before the weekend. Since tomorrow is the last official trading day of the week, we may see a slowdown of volatility so I expect larger moves to come tonight or tomorrow morning. I will monitor the intraday for more opportunities to keep enter the market. Any positive news for the stock market will confluence Bitcoin’s short-term bullishness.
Intraday:
The intraday was active as we traded up about $1,000 on the day. We were in a bullish consolidation for the whole day and any pullbacks will serve as good potential entries for long positions. I expect a continuation of this trend tomorrow.
