Hi, traders. Thanks for tuning in for today’s update. Today, we have broken down the current PA we are watching on BTC on its daily chart.

Pattern – HL building?
Support – 63,860, 60,675
Resistance – 66,710

Two things have presented themselves to us. Could we have a new HL forming after yesterday’s fightback? Could this then set off a new leg higher to test the top of the range?

Or two, could this be a false point of support, and will we see sellers make a new move at testing lower-range support?

Bitcoin: Thoughts and Analysis

Good trading.

alert Crypto crypto-moves Joe Jeffriess Trade Zone