Next candle needs to start above orange line @ 45,200 price area at 8pm today to stay inside hot pink triangle. π If not BTC LOW could fall @ 43,300 price area very soon.
IF BTC CAN CLOSE ABOVE 47,000 price area; breaking out of hot pink triangle 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€―ππ3️⃣☘π₯π CURRENTLY THERE Are ONLY Three SUPER STRONG NEGATIVE DOWNTREND LINES HOLDING BTC BACK FROM FULL on BULLISHNESS...
In order for bitcoin to back above current Thick black Positive uptrend line it needs to close above yellow line @ 50k price area today.πππ
Lowest BTC flash crash could go is pink line @ 22 thousand price area, If it can't close above lower green line price area day... πππ° (Each color currently shows today's most important support lines.)
Bitcoin needs to close above teal line @ 48,500 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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