Bitcoin / Tether
Long
Updated

btc 7-1 update

925
what if,
it's just this simple?

we saw 5 waves up,
we saw 3 waves down.

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higher timeframe oscillators are close to being completely reset,
indicative of a bullish reversal on the horizon.
open interest has fallen quite drastically overnight, supporting the upward move.
fear is at 11,
bearish sentiment is at historical highs.

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i'm not playing any leverage until we see more confirmation, but i am in a fairly nice spot position as of me writing this.
upside targets are on the chart

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the bear case completely remains in tact, but so does this bull case.
bullish invalidation is at a break of the range lows

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