One more spike up is brewing again on the 1hr tf lets see if this time bulls are able to break above and hold above the $85500 to make the base for the last 4hrs tf break out that will take place around the 22nd (if not sooner) but bulls are NOT showing muscle and TIME is running out. On the 4hrs tf there are two scenarios and both will end marking the next leg down but the higher the leg down starts (ideally above the $90k line) the less likely it will be for bears to print a lower low but make NO mistake that after the last bounce takes place price will quickly retrace to go and test at least the $80k line. Buckle up ladies and gentlemen we are heading for another wild ride.
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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.