June 20, 2026

Bullish case vs Bearish case for April

Bullish case vs Bearish case for April

Bullish case vs Bearish case for April

Bullish case vs Bearish case for April

Bitcoin / Dollar BITFINEX:BTCUSD
Sovryn_Matt


Bullish case vs Bearish case for April

I am still macro bearish , but might see a relief pump from here to golden ratio 0.618 fib at $44500 before making new lows. Depends largely on if the Nasdaq index bounces back for the next week or two. There was a clear fake-out on the daily bear flag circles in RED.

My strategy is to swing trade, Long the bounces and short the key resistance levels. $42200 is a key resistance level with the daily 50 and100 MAs.

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