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Thursday, November 24, 2022

BITCOIN (BTCUSD) - Macro resistance broken, relief rally begins!

BITCOIN (BTCUSD) - Macro resistance broken, relief rally begins!

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Bitcoin has broken macro resistance which means there is a strong chance of a relief rally towards 17-18k. If we are able to secure these TPs then this could signal a market bottom, but we still have a way to go yet. Really tight stop loss, and a high risk-reward ratio just in case the market rugpulls. Enjoy!

Via TradingView Ideas https://ift.tt/UNDe0C2

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