BITCOIN BULLISH 1-2/1-2/1-2 leading to 100K+?!
Based on the current distribution pattern of the shorter timeframes, I think we are going to be putting more slightly more weight to the very bullish, impulsive idea (1-2/1-2/1-2) for this week, based on the current data given.
This is because the correction depth required followed by the larger diagonal is losing strength. Of course, we will flip flop back and forth until one of them is achieved, but right now, the only depth of correction achieved is from the immediate pivotal Fib levels.
This is because the correction depth required followed by the larger diagonal is losing strength. Of course, we will flip flop back and forth until one of them is achieved, but right now, the only depth of correction achieved is from the immediate pivotal Fib levels.
Note
macro bullish
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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.