BTC MONTHLY CANDLE
Bitcoin monthly
(May) candle is about to close in
2 days. In fact, there are three levels:
1.
$34000 — if we close below this level, the bearish market is be confirmed and $BTC continues declining. Closure above it would mean that we
still have chances of bullish market continuation.
2.
$42000 — major level, closure above it would mean that we have
great chances of going higher without retering below $30k.
3.
$52000 — final resistance before updating new
ATH. Chances of closing above this level are extremely low
(obviously), but we must keep this level in mind.
