Bitcoin is likely going to touch $70-75K soon, then a bullish move and a double top is possible with the price reaching a new high ($120,000)
There is an order flow imbalance at 30K. If Bitcoin loses 70K, the price can reach the major support below that which is $50K. Then a pullback to the lost 70K support is possible and after a failure $30K is waiting for bitcoin.
BTC IS NOT bearish on the long term at least not yet but you have to get your bags ready for a new ATH afterwards. 150-200K can be the next HH.
There is an order flow imbalance at 30K. If Bitcoin loses 70K, the price can reach the major support below that which is $50K. Then a pullback to the lost 70K support is possible and after a failure $30K is waiting for bitcoin.
BTC IS NOT bearish on the long term at least not yet but you have to get your bags ready for a new ATH afterwards. 150-200K can be the next HH.
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