BTC - You Decide; We Follow!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

BTC has been stuck in a range between 18k and 20k for a couple of days.

Bullish Scenario:
For the bulls to take over, and start the minor / short-term correction upward, we need a momentum candle close above the blue zone. (20,500)

In this case a movement till the H4 major high and supply zone in green would be expected.

And then, for the bulls to remain in control, we need a break above the green zone (25,000)

Bearish Scenario:
Meanwhile, until the bulls take over, the bears can still kick and break below the 18k zone in red.

In this case, further bearish movement would be expected.

Which scenario do you think is more probable and why?

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich