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BITCOIN BTC/USD BROKE 30000 220621, downtrend intact

Writer's picture: jeremy chojeremy cho

BITCOIN broke through 30k on 220621.


The day short signal issued on 220421 and the week short signal at $39854 now targets the month pivot at $24132 to the downside.


$41044, 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 41044

Short positions below 41044 targets 24132 and 19618

Long positions above 41044 targets 57562 and new all time highs



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