#Bitcoin 21500$ is now the obvious pullback everyone will look to long
Which means we either:
1) Breakthrough & hunt the stop losses below
2) We re-accumulate above, not retest, leave most people on the sidelines & keep squeezing above HTF range at 25,2K
Nr.2 is more likely ✍️
Which means we either:
1) Breakthrough & hunt the stop losses below
2) We re-accumulate above, not retest, leave most people on the sidelines & keep squeezing above HTF range at 25,2K
Nr.2 is more likely ✍️
Why am I only counting with HTF leg higher?
Because the key MS high has been broken. That means that 25,2K is next.
The only question is whether we retest 21,5K now or after that sweep.
Both are possible but as I said nr.2 has higher probabilities
Because the key MS high has been broken. That means that 25,2K is next.
The only question is whether we retest 21,5K now or after that sweep.
Both are possible but as I said nr.2 has higher probabilities
The same thing was vice versa when we entered the bear market in January 2022 after breaking 40K lower (think of 21,5K breaking higher), then below 29K was next (think of 25,2K breaking higher)
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