“Personally i am long while we are above $28,000 as we had a super good entry,” trader Crypto Tony continued.
“If you are not yet in a position, i would wait for this dip i am looking for, or a flip of $31,000 resistance zone into support. Those are your two triggers for today.”BTC/USD annotated chart. Source: Crypto Tony/Twitter
Daan Crypto Trades likewise reiterated that the bullish status quo was still valid.
“On the lower timeframes, the bullish market structure is still in tact,” part of his latest analysis read.
“I would consider a 29.5K retest if BTC were to lose the mid range. Until then, liquidity sits at 31.4-31.5K.”BTC/USD annotated chart. Source: Daan Crypto Trades/Twitter
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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.