Pay close attention to bitcoin and the stock index markets. In the past, we have seen closer and closer correlation between the higher timeframe movements of both markets, noticeably Nasdaq and Bitcoin.
Low hanging fruits is important here as we are still trading inside of a range but with the high impact news events releasing this week, its possible for a bullish draw to
88K
Low hanging fruits is important here as we are still trading inside of a range but with the high impact news events releasing this week, its possible for a bullish draw to
88KTrade active
So far, so steady for Bitcoin.
We have seen a steady trajectory to the upside, with the highs for this week being $87,490*; 500 points shy of my original
88K target.I mentioned in my telegram that i wanted to see Thursdays daily candle close inside of the daily SIBI, now IFVG @ $84,059 - $85,196 which came through perfectly.
Now i am awaiting expansion in the London session going into the US AM session through $85,196
Note
Tuesday 18th March 2025 bullish order block is still holding as support.
I want to see expansion from this level.
Daily candle body closure will negate bullish bias to
88K~This was shared on my telegram a few hours ago so if you want to be in the flow with what crypto is doing, check me out on telegram!
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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.