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#bitcoin - Daily update:
The price is very neutral at the moment and stuck below the downtrend. It's moving between the 57 600 and 60 500$ levels.
➡️Traders are waiting for inflation data that will help shape the outlook for the Federal Reserve’s next steps.
The last daily candle closed below the main resistance mentionned in my yesterday's analysis. [59 500$] 🚨
Nothing change at the moment; This is in line with my earlier mid term view...
Depending of the inflation data, a breakout upward toward 62 500$ or a dump toward 56 000$ could happen⚠️📉
➡️It's a difficult area to trade [W / D] at the moment, but regarding the daily view, I think that we will see a dump next to retest the 50% fib level (56 000$)📉 And you??
Yesterday we managed to book profit at TP2 on our short position, but again Im expecting a lot of volatility with fake moves upward🚨
Find some possible scenario in the charts 🏆
