BitcoinUpdated BTC halving means up, but there a signs of local exhaustion
Currently we bounced off the 3D FVG. But if weekly closes as it (meaning, below old ATH 69K) and with a need for a pause in the parabolic move (indicators saturated, OI throught the roof), I think there's confluence for a revisit of the 53K LVL.
Down there are:
- POC of the whole last upside
- 61.8% of fib retrace
- a 1 week orderblock
- a sensitive area for the past bullmarket, multiple S/R flips around that price area
With halving around the corner we might not get it. But signs of a deeper correction are there.
Down there are:
- POC of the whole last upside
- 61.8% of fib retrace
- a 1 week orderblock
- a sensitive area for the past bullmarket, multiple S/R flips around that price area
With halving around the corner we might not get it. But signs of a deeper correction are there.
Trade closed: target reached
Me tengo que hacer mas caso
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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.