The last time I highlighted that BTC was carving out a bearish pattern. This played out for some days with the BTC dominance melting and the cheer that Alt season was inevitable. However, in the last 18 days, BTC has not been able to break the daily support at the Daily OB we spotted. We have had two bullish pushes from the bullish OB with yesterday providing the third touch. We have also had two consecutive bullish Prophetic AQZ candles at the same level. With BTC futures expiring, and with the rumors of exchanges announcing the influx of stable coins, we may be seeing a rally on the coin.
Our Bias still remains the same. Bullish until the Daily OB is broken.
Our Bias still remains the same. Bullish until the Daily OB is broken.
Note
If you got in at the first signal, you will be up 100% now on BTC
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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.