BTC has reached a critical point on its weekly chart, entering what we call the SUPPLY zone. This suggests that it might either pull back a bit or surge to new highs before dropping back down. We could see it go down to around 58k to 53k, but it's unlikely to dip below 50k. Why? Because there are new big investors who bought in at these levels and won't sell...
BTC Update on 15m TF shows bullish attempt to BOS of previous structure, if broken we will see further up movement, 4H TF shows breaking BB mid but the candle is not finished yet and we will see confirmations soon.
We can see a triangle pattern and price action within the range of this triangle, possible outcomes: Bullish scenario when the BOS happen we will see further bull run towards 30k Bearish outcome can happen when the trend is broken down.
👀 📈 Another angle point of view at BTC showing a possible retest towards the pattern that was broken down... this scenario will also trigger the Gold Cross 📈 From the global WTF (-not wtf- but Weekly Time Frame ok? 😂😂).... we can see the Weekly/Monthly trend line the blue dashed line which was broken up but there was no retrace yet... this can mean that if...