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BITCOIN BTC/USD SUPPORT AT 44516 IN PULLBACK

Writer: jeremy chojeremy cho

BTC day short signal on 22nd Nov at 57261 is now looking for support at 49028, the week Kijun support. The target is 44516 on the weekly pivot which is key support for the long and medium term uptrend of BTC/USD.


The long and medium term uptrend of BTC is intact as long as price action stays above the SSSA line of the ichimoku cloud.


Long Term UPTREND since 030619

Medium Term UPTREND since 300821

Short Term PULLBACK since 221121


PIVOT 65615

Short positions below 65615 for 49028 and 44516

Long positions above 65615 for new All time highs


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