BTC is in a Bear Rally to take out hidden liquidity on the Daily time interval. When it is filled in the Weekly Orderblok, the price will head lower to fill the unfilled Weekly range below at a price 7200$.
When the Weekly range is filled by 50% or more, the next Bull run will start and head to take All-Time Highs.
When the Weekly range is filled by 50% or more, the next Bull run will start and head to take All-Time Highs.
Note
BTC price never reached to my expected level. However, BTC is now confirmed bullish and will retrace. Here is where i will put my long positions..
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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.