MarketMoversLLC

Has Bitcoin turned BULLISH? Here are some Key breakout levels...

KUCOIN:BTCUSDT   Bitcoin / Tether
BTC has broken out of the down trend it has followed from 48k to 17.6k that I discussed in my previous idea which I'll link below.

Though we have broken out the channel, how do we confirm a bullish sentiment for Bitcoin?

Refer to the CHoCH(Change of character) which marks a confirmed change of trend.

Here are the key levels needed for me to feel confident in a Bitcoin bull rally.


Confirmed breakout price-23,400

Check this recent Idea linked below to understand Bitcoins down trend and market structure

Also a clear return to the channel would be a quiet bearish sign for me...








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