Bitcoin
Long
Updated

Smart Money Contraction

506
Possible targets. BTC might be managed between the contraction value line by BANKS & FINANCIAL INSTITUTIONS. ADR value reading is between 61k to 64K zone.
Note
Idea has hit smart money target where ADR is but can reject and move back to value line zone.
Let’s hope not
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Renco and Kagi agrees with PI CYCLES, $65/$67k
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According to this other idea: Expecting Mr. Heiken to move back down to value line at 63k zone areas.
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RSI points out a pattern
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BTC moves up then moves down to tap the smart money value line and now downtrend has been rejected by the BULLS.
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Smart money almost visited the smart money value line again but if we pay attention they went down to the price where the second X is right where the lines crisscross which is right about $63,700 because the value line is at $63,037.
Trade closed: target reached
Target reached.

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