Bitcoin isn’t done. We’re starting some pullback action. Possibly to gain some momentum for the propel forward. Don’t let this lil shit shake you out. Stand still, stand firm.
Long on Bitcoin. Aside from the world's growing acceptance corporately, the techs on the weekly chart look fairly bullish. We'll have some pullbacks and consolidations of course (duh..), but across the horizon and according to structure, we're still progressively bullish. As we've done some rebalancing inside that bear run, we should expect to see some old highs...
Looking at a possible retracement into a 20-day IPDA discount range before reaching back to the upside for a weekly fair value gap above the high of the current 20-day IPDA.
Expecting a fill-in on a 4hr discount fair value gap before heading back to the upside of a 20-day IPDA range.
Currently sitting at the 50% of a Weekly P/D Matrix. Awaiting price to pull higher. Possible pullback for continuing to the upside.