Long

Bitcoin, take note of this key level!!!

In the last idea we said that there is a high probability of an uptrend. And a breakout of a key level would be a good buying opportunity. And so it happened.

Bitcoin, squeezing and breakout as a good buying opportunity!

Now we see that the price has approached the big value area. The price met resistance and stopped. At the same time, the main key level at the moment is the lower boundary of the area. This level acts as resistance. Last time, the price could not break through the key level, after which there was a strong drop.

Now there may be a small pullback, but the continuation of the uptrend remains a priority. A squeeze and breakout of the lower boundary of the big value area will be a good buying opportunity.

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.