Bitcoin (BTC): Buyers Back | Expecting To Re-Test The ATH

yesterday

Bitcoin is showing good buyside dominance, which could lead the price to a new ATH. Last week Friday we formed a nice liquidity grab to lower zones, where after the weekend we are now seeing that buyside volume (where on smaller timeframes we formed proper BOS).

We are expecting to see a strong week.

Swallow Academy

7 hours ago

Note

Yes, markets are cooked....all those tensions and news that are pressuring markets from every corner might result in a very explosive movement.

Now we've been looking for a new ATH to form near $120K and we still keep that game plan as long as buyers keep the dominance above the 200EMA line.

There is not much we can do now but just speculate. Speculate that when the war between Russia and Ukraine happened, what markets did exactly was they dumped and then shot highly up (talking mainly about Bitcoin).

So we might see similar things in the markets depending on what will happen next in the world, but one thing is sure: some will make a lot of money soon and some will lose a lot. Be sure to have proper risk management, as this is crucial!

SwallowAcademy

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SwallowAcademy

🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades

Keep an eye on us and you will not regret it. 😉

Telegram: t.me/+fiEDSn7M9pJkODA0

Also on: