Consolidation for months between 91k and 106k
- Classic Wyckoff setup as an accumulation/distribution
- Price targets of: 121.878 (122k is the popular target) to the upside with 75,827 on the down
- Saylor today put out news to be raising another $2 billion to buy BTC. Either he is going to be able to hold the floor or get washed out
- Trade can be taken with confirmation of breakout on either side pretty easily as momentum will be so strong that being on the wrong side will most likely be an immediate stop out
- Classic Wyckoff setup as an accumulation/distribution
- Price targets of: 121.878 (122k is the popular target) to the upside with 75,827 on the down
- Saylor today put out news to be raising another $2 billion to buy BTC. Either he is going to be able to hold the floor or get washed out
- Trade can be taken with confirmation of breakout on either side pretty easily as momentum will be so strong that being on the wrong side will most likely be an immediate stop out
Trade active
BTC at 119k with 122k price target in playNote
I'd expect front running of the level with BTC up nearly 60% from the lowsTrade closed: target reached
122k target hitYou either make models, or you date them
#GameIsGame
#GameIsGame
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
You either make models, or you date them
#GameIsGame
#GameIsGame
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.