Thursday, May 9, 2024
So far Bitcoin holds above the bullish OB although the trend is bending downwards. Keep in mind ~3 months left till the end of this year and Feds plan to hike rates by another 100-125 bps during that period of time. So its a big question if current price include that additional hike or just preparing to drop there.

Zones left above at 20740 / 21670 posses interest for re-test. Volume on that dip was really good but it won’t count until price grow above yesterday’s scam pump high. It can be used as a trigger for conditional long.

🟥 19400 – 20040 – 20740
🟩 18500 – 17600 – 16300

@CryptoBullTrades


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