Bitcoin is located between the EMA50 and EMA200 in the 4H time frame and is trading in its descending channel
Risk On sentiment in the US stock market or investing in Bitcoin ETFs has led to its continued upward movement, and you can look for buying positions after Bitcoin corrects to the specified demand zone
Capital withdrawals from Bitcoin ETFs or risk Off sentiment in the US stock market will pave the way for Bitcoin to decline. Sales from the specified supply zone will be rewarded with appropriate risk
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
Risk On sentiment in the US stock market or investing in Bitcoin ETFs has led to its continued upward movement, and you can look for buying positions after Bitcoin corrects to the specified demand zone
Capital withdrawals from Bitcoin ETFs or risk Off sentiment in the US stock market will pave the way for Bitcoin to decline. Sales from the specified supply zone will be rewarded with appropriate risk
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
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