Btc broke to the upside of purple triangle, so higher chance of BULLISHness... π π€ or is this a fakeout....? π
Next candle needs to start above 45,200 price area at 8pm today to stay above purple triangle negative downtrend line from yesterday heading towards purple line or higher. π If not BTC LOW could fall @ 40,500 price area today, highlighted in neon orange.
IF BTC CAN CLOSE ABOVE 46,000 TODAY, It would take away another negative downtrend making bitcoin more BULLISH towards 50 thousand again. π
BITCOIN STILL LOOKING BULLISH THIS MONTH π°ππ
ππ€―ππ4️⃣ππ CURRENTLY THERE Are ONLY Four SUPER STRONG NEGATIVE DOWNTREND LINES HOLDING BTC BACK FROM FULL on BULLISHNESS...
In order for bitcoin to back above higher current Thick black Positive uptrend line it needs to close above higher purple line @ 48,800 price area today.πππ
Lowest BTC flash crash could go is pink line @ 22 thousand price area, If it can't close above green line @ 33.8k price area this day... πππ° (Each color currently shows today's most important support lines.)
Bitcoin needs to close above teal line @ 48,700 price area today in order to be above all negative downtrend lines holding it back from mooning towards 200k price area this month... π₯Ίππ π
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MONTH SUMMARY:
The Low for this month should be somewhere around 42 thousand price area ( Video Here ) π€·♂️ The current high is 48 thousand price area.
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