We just broke through the bull flag after a 3-wave correction from the last impulsive move.
📊Macro picture:
With the break of the high at 109k, we were able to invalidate the bearish scenario (marked in yellow). We've also almost broken the high at 110k, above which there's still massive short liquidity
I expect Bitcoin to break its all-time high within the next 11 days due to the global liquidity, which we are still continuously following.
I'm not going short or long on #BTC right now, as I don't see any valid setups at the moment.
💡 But it's a different story with altcoins -> Check out my other recent posts
📊Macro picture:
With the break of the high at 109k, we were able to invalidate the bearish scenario (marked in yellow). We've also almost broken the high at 110k, above which there's still massive short liquidity
I expect Bitcoin to break its all-time high within the next 11 days due to the global liquidity, which we are still continuously following.
I'm not going short or long on #BTC right now, as I don't see any valid setups at the moment.
💡 But it's a different story with altcoins -> Check out my other recent posts
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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.
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.