Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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BTC QUICK UPDATE, WHAT'S NEXT
As we mentioned in the previous analysis, we were waiting for the bulls to kick in from a long-term perspective which happened.
So, for now we are clearly overall bullish making clean higher highs and higher lows.
Moreover, for the bulls to remain in control we need a break above the market range, in a shape of rising flat channel
So, for the bulls to remain in control we need a break above all the structure.
Same opposite for the bears to kick in and start the correction movement, we need a break below the marked major swing low and the overall structure
Then a further movement lower would be expected where we will be looking for new longs as well
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and as usual follow your trading plan and manage your risk.
Be patient and good luck!