The number 1 is now on its very long term support, represented by its Monthly Kijun.
This one must hold to bounce back, with a first target at $40,000 ( Daily Kijun)
Note that we're also below the Weekly SSB, this means that prices are turning bearish if the Weekly Candle close below this point.
An interesting point is that Weekly Lagging Span is testing its Weekly Tenkan, it may permit prices to bounce a little...
The end of the week will be crucial for the evolution of BTC for the next months.
Let's wait and see the evolution !
This one must hold to bounce back, with a first target at $40,000 ( Daily Kijun)
Note that we're also below the Weekly SSB, this means that prices are turning bearish if the Weekly Candle close below this point.
An interesting point is that Weekly Lagging Span is testing its Weekly Tenkan, it may permit prices to bounce a little...
The end of the week will be crucial for the evolution of BTC for the next months.
Let's wait and see the evolution !
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