BTC outlook for 19 May 2022.

Bitcoin / TetherUS BINANCE:BTCUSDT

WickFillerDude

After ranging a few days, BTC has made another bearish push towards the next major support zone around 28,6k. If BTC manages to flip bearish on the daily timeframe I do believe it will continue pushing down towards the next support level around 26,7k (wick fill). As long as BTC respects the current support zone I do believe we could se a relief bounce coming up within the next few days to break the resistance zone around 31,3k.

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