This big blue candle could a bull trap. Sell trigger activates below 42800.
Bitcoin ~1year accumulation under the 20k before new ATH
Let's keep it simple. sharp dump to support, rejection and back to support => means we're gonna break the support. next stop is 19k
we saw price correction, but we need time correction now. whale gonna accumulate more, indicators need to gain momentum
I see the next bitcoin rise coming with new monthly candle, and alts gonna break their previous support (on BTC pair). that's when the real altseason start, while bitcoin retrace to 42k and getting ready for next and most likely the last rise before market going bearish for years.