Pre-market $BTC before the Asian market opens in a few hours!
After the sharp drop the other day, the market has briefly bounced back, giving opportunities to trade long, at least some short moves.
Now let's look at the map we have to trade in the coming time.
-In 4-hour timeframe the price has to close above the 54,300 level, give a confirmation with an upward movement and look for 54,900 where it has approached without closing above. If it is rejected at the levels, the most likely scenario is a pullback to the last low.
In daily T we are more complicated: The price should reach and close above 55,880. If it is rejected we would fall to the 50,900 level.
We must follow the movement in 4 hours, waiting for closings and confirmation at the levels to make decisions.
In my opinion we are neutral, until the price develops, I do not have a defined preference, today it is time to wait and follow the price.
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