In Partnership With  

Today’s report will include:

• Updated Technical Analysis

• Other key market developments

• Market Psychology

• Trading Tools

Bitcoin HTF Price Action 📈 

In Today’s analysis -Bitcoin - trading below the current Point of Control with multiple daily candle closes, this solidifies price action acceptance for a rotation to the overall value area low.

Points to consider ✍️ 

• Key Swing High & Lows

• Failed Auction/ Deviations

• Remains Liquidity

Observing the marked Swing High on the chart, it was taken out with a Failed Auction/ Deviation type of price action, this cleaned up the liquidity left by the Red Daily Candle highlighted.

The Remaining Key Swing Low has not been taken yet, this raises the argument that price is trading towards the low to clean up the remaining liquidity. A similar type of Failed Auction/ Deviation has a probability of occurring.

Overall, from Bitcoin Insider’s price action seems to be trading towards the key low, a reversal here can occure for a Swing Long trade. How price action forms in the deviation is to be used upon discretoin management of the trade.

Hope this analysis helps.

Trading Tools ⚒️ 🔧 

TradingView Charting Platform: Where the world charts, chats and trades markets. We're a supercharged super-charting platform and social network for traders and investors 💹 📈 

Blofin Cryto Trading Platform: BloFin is your next crypto trading solution that provides an easy-to-use, secure and reliable trading experience to accommodate all folks. 💵 💰️ 

Trading Education - BabyPips: Babypips helps new traders learn about the forex and crypto markets without falling asleep. We introduce people to the world of trading currencies 📖 📚️ 

Claim $2000 Future Deposit Bonus here

X Segment 📰 🗞️ 

Trading Psychology  🧠 

Trading is a J-curve Business

Bitcoin Insider bouncing back to work, See you in the next one! 👊