is in a bullish trend, respectively, the longer the price consolidates and does not decrease, the more likely it is that this correction will be completed as high and faster as possible.
For example, with a bullish trend at 1W Time Frame, according to statistics, the price never fixed below the moving average MA-21 (false breakdowns are possible), and tomorrow this MA-21 will be oriented at the level of 9270. Associated factors for growth: bullish divergence also at 1w Time frame and declining volumes during the entire corrective movement
Most likely there will be a false breakdown of this moving one, an additional large number of traders will confirm their assumptions in the movement of BTC to $ 7000-8000 and begin to enter Short, and after that their positions will be knocked out by a serious upward movement ...