BTC is currently trading above a major daily trend that goes back to January of 2024. The trend cuts the bearish and bullish action in half. That line is about to flip back into bullish territory. This spells major gains for btc in my opinion. There will be a H4 updated following with the smaller trend playing with the larger trend.
Note
Heres the H4 perspective with a smaller resistance forming and the greater support from the daily.
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.