Bitcoin Market Update The intraday chart is moving choppy and | CRYPTOWZRD - OFFICIAL

Bitcoin Market Update

The intraday chart is moving choppy and has weaknesses but we need a chart location to engage in another trade

A bearish breakout below $25,900 (POI) will offer a short and a push to $26,750 (POI) and then a rejection will offer a better short location

Trade position setup has been provided for the above scenario with all necessary information including Entry, Targets, Stop Loss, RR & Criteria to take the trade.

Ahead of the CME weekly closing in a couple of hours, we should see more volatility.

The H4 candle closed with a Doji candle but is a Gravestone doji, we need more healthy candles from this location.

The Daily candle so far is bearish and I don’t see any change to that today.

Whatever Bitcoin does from its current location most altcoins will follow that.

I will be following the intraday chart to get more trade opportunities.

https://www.tradingview.com/x/RNGxTg5E/