BitcoinLong
BTC April 2, 2024: Breaking Down the Consolidation Zone
On April 2, 2024, BTCUSD broke down the consolidation zone $68,500 - $71,500 as previously mentioned in a related post. You can find more details in the related ideas section.
The downward move below the consolidation zone invalidated the expected breakout pattern to the upside.
However, the daily trend remains bullish, so we should look for buying opportunities.
A pullback to the $62,000 level would present a potential buying opportunity.
BTCUSD broke down the consolidation zone $68,500 - $71,500 as previously mentioned in a related post. You can find more details in the related ideas section.The downward move below the consolidation zone invalidated the expected breakout pattern to the upside.
However, the daily trend remains bullish, so we should look for buying opportunities.
A pullback to the $62,000 level would present a potential buying opportunity.
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