BITCOIN BTC/USD WAITS FOR RANGE BREAK

BITCOIN trades between 30000-40000 for the past 4 weeks and is waiting for a range break.

The day short signal issued on 220421 and the week short signal at $39854 now targets the month pivot at $24132. $44004, the supertrend day pivot is key level to break back to the upside.

MONTHLY UPTREND SINCE 030619

WEEKLY PULLBACK SINCE 170521

DAILY DOWNTREND SINCE 220421

PIVOT 44004

Short positions below 44004 targets 24132 and 19618

Long positions above 44004 targets 61613 and new all time highs

youtube link : https://youtu.be/EDOWqk4P4VQ