Why Bitcoin bears are going to fail

29 sty 2023

As you can see in my chart there's a really good support zone formed around 23k and there's no Major selling or big bearish candles in this area so it's clear for going higher. Bulls also have been pushing hard, they had 3 good candles recently in 4 hour chart as I showed in my chart. Daily chart is in a strong uptrend so bulls have the upper hand on bears in this case too. Bulls also have been pushing 24k as I showed in my chart. Also let's not forget the fact that BTC pushed thru 18k, 19k, 20k, with no problems and it cleared those levels with ease. If you want to trade this your stoploss should be at 22800 and your target profits you should be 27350 for first tp then 31k for second tp.