BTC|USDT THOUGHT 🌽
Hey hey my friends👋
BTC - Weekly breakout and re-test possible (re-test areas have the most buyers waiting and we never did get the re-test until right now) - i drew a down line before coming up which i believe could form a bullish divergence on a very strong support area - 4HR - it is possible to also not get a bullish divergence and just go for the breakout now that all leveraged longs have been wiped out - BUT bitcoin loves bullish divergence support reversals - long term not worried that we have topped out yet - THIS IS STILL A HIGHER LOW ON THE WEEKLY - BULLISH 🐮
BTC - Weekly breakout and re-test possible (re-test areas have the most buyers waiting and we never did get the re-test until right now) - i drew a down line before coming up which i believe could form a bullish divergence on a very strong support area - 4HR - it is possible to also not get a bullish divergence and just go for the breakout now that all leveraged longs have been wiped out - BUT bitcoin loves bullish divergence support reversals - long term not worried that we have topped out yet - THIS IS STILL A HIGHER LOW ON THE WEEKLY - BULLISH 🐮
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