Bull or Bear ? 🔴 PLEASE READ THE CAPTION 🔴

٢٦ أكتوبر ٢٠٢٢

By checking the bitcoin chart, we can see that the price faced the demand pressure after the heavy correction of the dollar index and failed the downward scenario for now! As you can see, the price managed to break the resistance of $20,480 (BMS) and with a powerful move it was able to grow up to $21,000 (Fibonacci golden ratio) and an important level in the Premium range! Currently, the initial price reaction was bearish , but the price has the potential to move towards higher prices, because it has just entered the FVG range, which has been in my analysis for more than a month, And the price has the ability to grow up to the range of $21,700 to $22,200 to fill this gap caused by the liquidity void!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 10.27.2022
⚠️(DYOR)

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