Bitcoin Target Hit — The PRZ Reaction Played Out
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Bitcoin reacted exactly from the area I was watching.
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$BTC started moving higher from the PRZ ($75,900-$76,800), supported by the Daily 100 SMA and the Cumulative Long Liquidation Leverage ($76,000-$76,480).
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That confluence gave us the bullish reaction we were waiting for, and Bitcoin successfully reached the target of the analysis.
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I hope you were able to take advantage of the setup and secure some profit.
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This is why I always focus on confluence instead of reacting to every candle.
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Target reached. Now the focus shifts to the next opportunity.
⠀
I’ll update Bitcoin again soon with the next levels I’m watching.
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#bitcoin
⠀
Bitcoin reacted exactly from the area I was watching.
⠀
$BTC started moving higher from the PRZ ($75,900-$76,800), supported by the Daily 100 SMA and the Cumulative Long Liquidation Leverage ($76,000-$76,480).
⠀
That confluence gave us the bullish reaction we were waiting for, and Bitcoin successfully reached the target of the analysis.
⠀
I hope you were able to take advantage of the setup and secure some profit.
⠀
This is why I always focus on confluence instead of reacting to every candle.
⠀
Target reached. Now the focus shifts to the next opportunity.
⠀
I’ll update Bitcoin again soon with the next levels I’m watching.
⠀
#bitcoin
