BTCUSD (Bitcoin) Bull and bear case

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

fxsignal75

BTCUSD showed a sell-off after Fed meeting minutes.

Bear case-
Levels to watch- $42980 (55- day EMA ). Any daily close below that level confirms intraday bearishness.

Bull case-
Primary supply zone -$44100. The breach above confirms minor trend continuation.

if move up after trendline testing It is good to buy on dips around $42000
SL $41700
TP of $52000.

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