#BTCUPDATE - 29.721 - D-DAY
I feel like we are about to see an explosive move from Bitcoin today just in time for the weekend.
Unfortunately there are quite alot of signals pointing to a bearish move, as we are one candle away from printing a bearish TD9 on the daily, a CME gap down at 34.4k to fill, going into the weekend and also a Future Pivot that is commonly filled....not to mention the Weekly pivot that almost exactly overlays this CME gap between 34.5k to 32.3k.
On the other hand there is so much bullish news out there that if we break
42K we can see an extremely large pump easily to 47k region filling an old CME gap. Imo when it goes it is going to go! Either 47k or 34.5k!
So my play is to have a Long set up from
42K to 47k and a Short from 39.5k to 35k. Big moves but its what happens after Pump and consolidation.
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