IS Bitcoin READY FOR A BULLISH REVERSAL ???? 🤔🤔🤔
BTC/USD COINBASE:BTCUSD
BITCOIN has been trending downward ( BEARISH ) for sometime in search of a significant and key support area .
Price is currently approaching a strong support area and the psychological key level of $29,500 and $30,000, These areas have been previously tested by the price and proved strong by pushing price movement upward ( BULLISH ).
We currently drew a trendline to back up our analysis, in which we are anticipating a third touch for a push upward
WE REACT TO WHAT WE SEE
WATCH OUT
1. Bullish candlestick on the support area and the psychological key level of $29,500 and $30,000
2. Third touch on the trendline below
3. Market behavior
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