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My mid-term plan for Bitcoin
Mainly looking for price to form a new swing high first, before dropping to the 31.5k level.
Keeping an eye on the RSI oversold level - a bearish RSI divergence could signal the start of the small drop.
31.5k price level seems appropriate to place an entry as a support level and FVG is there.
From there, price could bounce and chop sideways around 38 to 39k, before moving higher to 45k price level.
Keeping an eye on the RSI oversold level - a bearish RSI divergence could signal the start of the small drop.
31.5k price level seems appropriate to place an entry as a support level and FVG is there.
From there, price could bounce and chop sideways around 38 to 39k, before moving higher to 45k price level.
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