Presently the overall swing structure of bitcoin is bullish and at the same time the internal structure also is bullish, this giving more narrative of Pro-internal & Pro-external price structure trend.
But currently right now, price in a zone which is an extreme POI zone of a supply. That is, price already mitigate the supply zone of the swing structure. And...
Currently the internal price structure of Gold has being bearish, in order to facilitate the pull-back of the overall swing structure which as being bullish.
But however, right now price is in a psychological buy zone which, which I'm expecting a lot of buyers to step in.
Reasons because price has tested the extreme edge of the bearish channel and which also...
It's obvious that that overall swing structure of Gold is bullish, but currently the internal structure has being bearish just to facilitate the pullback of the swing structure.
Currently right now, price is within one of the swing POI (i.e minor demand zone). And at the same time on the lower time frame of 5/15m, price already made a failed reaction to signify...
Overall swing structure of Bitcoin is sill bullish, but currently price is bearish in order to facilitate an internal structure pull-back. For Bitcoin to have a valid Break-Of-Structure, price have to retrace back to the discounted demand price zone of the previous valid Swing Break-Of-Structure ($63k - $55k zone).
However, when price get to this demand zone,...
Expecting Bitcoin Daily Candle Price To Close Below $75k, This To Give An Edge That The Internal Structure Of The Over All Swing Structure Have Shifted Bearish.... After Then, Price To Aim The Nearest Demand Zone, Which Is $68k - $66k.. And If The Bull Fails To Hold On To The Demand Zone.. More Chance For The Bears To Push Price Downward
