March 11, 2026

Potential Bullish BTC 10 May 2022



Potential Bullish BTC 10 May 2022

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
exlux99



The lowest point of today is around 30k.
Currently we are at 31600 and the highest point of today was on 32600.

Based on this, there are 2 scenarios which can be applied, both bullish .
The reason behind the bullish recovery for today, is that yesterday we had a movement of almost 12% going down, so from historical prediction(not 100% accurate) we can expect
that today today is going to be a bullish candle.

So for entry point we can see that POC volume area is around 31850, so based on this we can have 2 opportunities

1-> we enter long at current point of 31600 and we scalp a potential up to 32000
2-> we wait for the price to get around 31000, and enter there in the wait of a rebounce

In both cases we can use the stop loss on 30600.

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