$BTC outlook update:
350 day downtrend break confirmed. Bulls are back, now moving into a weekly correction phase 📈
Globally bullish above the $73,000 & $70,500 area. Trend stays solid, bullish structure likely forming.
Lower demand zones (previous levels): $73,000 - $71,000 - $66,000
Upper levels I'm watching: $80,000 - $82,000 & $88,000 zone.
If you followed my long term outlook, $88,000 was already in play. Bull pressure remains strong, lines are open for more - $88,000-$92,000 is key to watch.
Weekly candle close above 78,500 would unlock more buy volume.
Bias stays neutral on monthly (correction). Only a clean break above $92,000 opens the path toward new ATH.
#bitcoin #BTC
350 day downtrend break confirmed. Bulls are back, now moving into a weekly correction phase 📈
Globally bullish above the $73,000 & $70,500 area. Trend stays solid, bullish structure likely forming.
Lower demand zones (previous levels): $73,000 - $71,000 - $66,000
Upper levels I'm watching: $80,000 - $82,000 & $88,000 zone.
If you followed my long term outlook, $88,000 was already in play. Bull pressure remains strong, lines are open for more - $88,000-$92,000 is key to watch.
Weekly candle close above 78,500 would unlock more buy volume.
Bias stays neutral on monthly (correction). Only a clean break above $92,000 opens the path toward new ATH.
#bitcoin #BTC
