Currently the strong support line 60k has been broken. Last resort support line is between the 56k and 58k $BTC$USDC
Laser eyes on the market and support lines. If broken again, transfer to gold and usd will be initiated. Stay strong all and good luck.
Market is looking to get stronger. The symmetrical triangle played out to our downside. Which is healthy and good in order to move stronger upwards.
De expected support line is still valid and we have to wait what the daily close will be today.
$BTC halving expectations has shifted with one day. Laser eyes on how the markets will behave this time.
Stay sharp and goodluck!
Cheers,
Team CrypTa
From our previous post we can see the market $BTC has traded nice within the symmetrical triangle. This gave us confidence and better insight for risk management.
Trading on the positive side right now of the Symmetrical Triangle. Daily close will define its direction.
Two scenario's are at play in our opinion. On the daily a head and shoulder pattern could form. But that depends on the last remaining shoulder will form accordingly. For now market looks strong.
Cheers!
Team CrypTa
Keeping eye on the green and red level indicators.
We will see how this will play out. For now sit tights, when the market reach lower green and red levels inbetween. Rebalance will occur.
Bitcoin halving is still +2 weeks away.
