Bitcoin
Long
Updated

Foreseeable Bullish Scenario #1

205
Fib-based trendline, structure, & pattern
What I'll be looking for

1: Small pennant to form nearing the end of this larger pennant similar to what I reference to and draw out.
2: Higher timeframe congruence on RSI 4h-24h (no significant bearish divergence on the way up)

Foreseeable short-term bearish scenario linked below
Trade closed: target reached
50k reached - no clear trajectory at the moment

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