BTC and the Crypto Market as a whole outlook
We are currently evaluating ranges for BTC.
Top of range to confirm break out would be a Break out and full body close above the 53K range would be Bullish I would then wait for
a retest of support and breakout before entering for further upside.
Bottom of range to confirm a hard down trend we would be looking for a break through the 40k Support and full body close below.
I would then wait for a retest of resistance and confirmation of further downside before taking a possible consolidation of my
portfolio and new lower buy zones.
BTC is currently in a 2 to 1 ratio of a win to lose ratio. This means BTC has 2 times more reward than loss.
The Major Resistance zones and Major support zones of the overall market are marked and are looking good.
Top of range to confirm break out would be a Break out and full body close above the 53K range would be Bullish I would then wait for
a retest of support and breakout before entering for further upside.
Bottom of range to confirm a hard down trend we would be looking for a break through the 40k Support and full body close below.
I would then wait for a retest of resistance and confirmation of further downside before taking a possible consolidation of my
portfolio and new lower buy zones.
BTC is currently in a 2 to 1 ratio of a win to lose ratio. This means BTC has 2 times more reward than loss.
The Major Resistance zones and Major support zones of the overall market are marked and are looking good.
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