Bitcoin hovers at previous rejection point!

Bitcoin hovers at previous rejection point!

By Aventurine | Crypto Aventurine | 22 Jun 2023


Bitcoin has crossed $30,000 and is creating a setup for the direction!

Bitcoins chart is looking strong however it is important to notice that this is the previous rejection area, and it is most likely not a good time to trade. 

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The direction Bitcoin is to take next will most likely be determined by some news in Crypto. 


Personally I don’t see any FUD lurking around and it is a good chance Bitcoin will go up from here! 

Hourly chart looks like it is forming a “W” pattern with higher lows (that is strong indicator for continuous pump!)

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With all that said Bitcoin is now way above all the lines I drew a while ago but the next possible retracement is at around $32,000

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All the beat

Aventurine

 

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Aventurine
Aventurine

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