Closing would matter at this stage .
If Bitcoin Close Above OR at 35k , then we will see another leg to the 40k .
It's sounds very bullish , but you don't have to be biased yet , lets wait for the Monthly candle close then you & I will look for better opportunity to jump in .
For now , Just watch the market ( it can be a Full 4 Week Range Just like before ) so don't be quick & greedy .
The Short View is , if price break down to take the last weekly Low , then it might drop little more to touch the down levels like 30k - 31k . And that point we have to see where the candle close , if it close below the last Higher High . Then it's a bad structure ! Seller will never miss this opportunity in the market - they all will jump in if this scenario will happen to see.
If Bitcoin Close Above OR at 35k , then we will see another leg to the 40k .
It's sounds very bullish , but you don't have to be biased yet , lets wait for the Monthly candle close then you & I will look for better opportunity to jump in .
For now , Just watch the market ( it can be a Full 4 Week Range Just like before ) so don't be quick & greedy .
The Short View is , if price break down to take the last weekly Low , then it might drop little more to touch the down levels like 30k - 31k . And that point we have to see where the candle close , if it close below the last Higher High . Then it's a bad structure ! Seller will never miss this opportunity in the market - they all will jump in if this scenario will happen to see.