#Bitcoin - price update:
Very overbuy zone on the daily TF; despite that the main trend remain pretty bullish [daily] & there is no sign of weakness for the bulls yet! ๐
On the M15 view shared, I see an uptrend channel. If prices keep consolidating inside, then prices could fly toward the 95,800 - 96,000$ level next ๐๐??
So as long as the uptrend & the channel is holding, we should see another pump toward a new high!
Local key supports zone:
90,200 - 89,700 - 89,100!
โ ๏ธIn case of flash crash & bull trap: The 87,500$ zone, could also act as local bottom before a new run!
๐กMonitor the [H1 view] & uptrend.
๐กPrices could move sideway for a while & consolidate before to see another pump!
โ ๏ธA breakout below the main uptrend [H1] & the 89,000$ support, could lead to a retest of the 87,500 & 85,000$ zone ๐
To resume:
As long as $BTC price is moving above 89,000$ #altcoins & the market sentiment should remain bullish! ๐
