Market Analysis
May 29, 2024
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âȘïžTECHNICAL (1D)
Bitcoin is currently retesting levels above the bullish flag, but the volume remains low. To confirm a successful retest, bulls need a significant increase in volume. If the price falls back inside the triangle, it would signal a potential market correction.
âȘïžWRAP-UP (VIP)
BTC is retesting above the bullish flag, but low volume needs to increase for a confirmed retest. A drop back into the triangle suggests a market correction.
$BTC DAILY RANGE:
đUpper Limit: 69600
đLower Limit: 67300
(+-12% based on moving average volatility open/endpoints)
đSCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
đ”LONG
đČ64500
đŽSHORT
đČ73500
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#BULLDOZE_001