BTC attempting to enter the bull market
Updated
Massive test on Bitcoin. We've managed to get monthly open in the cloud followed by a bullish cross of conversion and base lines. We may still reject from here and that would be catastrophic for alts in the near term but it would require some kind of a black swan to completely crash the market. In my view, Nasdaq and US30 are about to retrace soon so I'd wait for some kind of a pullback next week. If it won't be backed by any horrible news, US30 looks like it's ready for the same run as the one on Nasdaq, so I'll be planning to open longs both there and BTC if that plays out. If the next week's pullback fails, and we will break above the channel there is a very high probability that this thing will explode, same as alts.
Note
As I said here before we've seen a pullback. I haven't bought into btc but added to xrp instead cause I don't know if it's over. Nasdaq may still go lower after not too optimistic session across all markets
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