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BTCUSD D1: 30% gains BEST levels to BUY/SHORT Bitcoin (UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: BTCUSD D1 chart review ::: updated/revised outlook ::: risk now shifts in BEARS favor ::: limited upside from here ::: for now we are locked in range ::: upside limited by fresh supply ::: 53 000 and 54 000 will cause resistance ::: also 31 000 USD flip price level ::: BULLS might look for a REVERSAL play ::: bulls seek to buy low from my level ::: expecting BOUNCE off 31 000 USD ::: BUY LOW near 31 000 TP is 55 000 USD ::: BEARS should focus on SHORTING from ::: overhead/fresh supply zones near 54 000 USD ::: to complete the sequence ::: near 32 000 / 30 000 USD later ::: expecting complex correction however ::: beyond 30 000 downside is LIMITED ::: 30 000 USD strong / confirmed S/R ZONE ::: recommended strategy: BULLS BUY 31K exit 55K ::: recommended strategy: BEARS SHORT 54K exit 35K ::: as always DO YOUR OWN DUE DILL ::: bull run not over yet ::: good luck traders! 🔸 Supply/Demand Zones ::: 54 000 / 55 000 USD fresh supply zones ::: 31 000 / 30 000 key S/R BULLS 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: MIXED/RANGE ::: Sentiment short-term: BEARS/PULLBACK
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