BTCWe had a nice bounce from 29.2k HTF Support and now price is testing the Range High 40k - 42k zone. so what we expect from #BTC Now? well lets discuss the possible Scenarios
1- Bullish scenarios
Scenario A - chop around the range 40k - 42k for few days and break above the range to Test 48k - 50k zone
Scenario B - pullback and test 35k Monthly open level as support and move to the upside.
2 - Bearish Scenario.
Gets rejection from the range high 40k - 42k zone and fails to hold 35k zone support and slowly grinding towards 34k - 32k range then i am sure that this time BTC will test 24k - 18k zones.
Advice - u guys can take small Spot position in alts and load the dips if btc follows BULLISH Scenario 2
Dont Go for Aggressive Longs or Shorts ( Leverages)
