Will ever BTC retest 51K area?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Abd0u

THIS IS NOT A TRADE ADVISE JUST MY THOUGHT TO SHARE WITH YOU
For weeks BTC is taking the down stairs path but if we zoom out in the daily frame a double bottom is forming, based on that view I would say BTC will probably retest the 51K area once closes on the daily/ weekly frame above the resistance line of 43K with a strong candle, otherwise I would consider it a bull trap.
Looking forward to read your opinions in the comments.

You might be interested in …

Trading View April 21, 2022

solana short for now long later

solana short for now long later SOL / TetherUS PERPETUAL FUTURES BINANCE:SOLUSDTPERP dreamcatcherTN Disclaimer this is my personal analysis , and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied […]

Trading View May 5, 2022

SHIBA/USDT Good launching spot?

SHIBA/USDT Good launching spot? SHIB / TetherUS BINANCE:SHIBUSDT SwallowPremium Hey guys We came across Shiba Inu again. With the recent drop of BTC the Shiba has followed its path and is again sitting at the […]

Trading View March 29, 2022

ATH of BTC hashrate

ATH of BTC hashrate Bitcoin / U.S. dollar BITSTAMP:BTCUSD MJShahsavar The hashrate of BTC has made a new ATH. it reaches 217000000 T today, which is the highest value in its history, It is still […]