On weekly time frame btc is taking support from previous demand zone but overall trend is bearish

ON DAILY TIME FRAME

  1. Btc is forming double bottom at daily time which is the sign of temporary bullish because on higher time btc is heavily bearish Here we can btc is taking support from the 66k zone and headed toward its next resistance zone which is around 71 k zone. If it breaks above it we might see btc heading 80k zone daily fvg.

  2. But as intraday trading we trap in daily range we should avoid trading

  3. Or trade with low risk and reward and less leverage

  4. I am waiting for clear sign for my swing trading.

$BTC

BTC
BTCUSDT
67,936.3
+0.36%

$ETH

ETH
ETH
1,971.89
+0.55%

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