MICRO PLAY! MUST SEE VIDEO TO APPRECIATE Bitcoin has closed above a critical trendline. Why is this trendline significant? Because it has historically acted as strong support, repeatedly rebounding price. The question now is whether we'll see a retest before reaching all-time highs or if it will surge straight to new levels. Let’s watch how the price action unfolds.
For my next play, I am watching for deviation shorts i n the internal and external range, but will also be watching the 4h supply above for a reaction. I am also aware that we could break out of the range and will be watching for continuation plays.
For any of these plays, I want to see a flip in structure on the 5 - 10 minute chart or higher before entering. Let’s be ready!
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