BTC BULLS KICKED IN!

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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Quick update on Bitcoin.


As we mentioned in the previous analysis price was overall bearish trading inside our previous channel,

Moreover, bulls kicked in by breaking above our major swing high, then we are expecting a movement higher again.

Meanwhile, from a shorter-term perspective, price got stuck inside this small range. and for the bulls to remain in control we need a break above the upper bound of this range,

Unless price managed to break below our lower bound which is a major swing low, then a movement lower would be expected again.



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And as usual follow your trading plan and manage your risk.

Be patient and good luck!