Possible fractal idea here. I usually don't trade fractals but this emotionally feels similar to the last major impulse wave up coming down from 14k so it would make sense that it could follow a similar fractal. Lets see how it plays out!
BTCUSD
BTCUSDNote
fractal invalidated short squeeze is on! If it continues and some closes over 7240 could look for 7500 for next res.
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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.