Bitcoin Still Wants That 24.6 - Fighting between Bears and Bulls
Bitcoin\1H Holding the bottom of the rising broadening wedge
Yesterday we dumped and then we pumped back up BUT Bears pushed it back down. this down move tells me MMers trying to buildup more shorts before they push it higher
It also indicates Bearish momentum is getting stronger and Bulls having problem pushing it up
Please Boost,Follow,Comment if you find this informative
Expectation is we either hit AROUND 24.6 and come back down. or the retest and liq grab of 24.6 wont happen and we break the bottom of the rising broadening wedge for good.
Ive talked about BTC Correlation to SPX. SPX did bounce up a little bit yesterday but then it came back down,holdin the low showing weakness.
Detailed TA on the video
Thanks for watching
Yesterday we dumped and then we pumped back up BUT Bears pushed it back down. this down move tells me MMers trying to buildup more shorts before they push it higher
It also indicates Bearish momentum is getting stronger and Bulls having problem pushing it up
Please Boost,Follow,Comment if you find this informative
Expectation is we either hit AROUND 24.6 and come back down. or the retest and liq grab of 24.6 wont happen and we break the bottom of the rising broadening wedge for good.
Ive talked about BTC Correlation to SPX. SPX did bounce up a little bit yesterday but then it came back down,holdin the low showing weakness.
Detailed TA on the video
Thanks for watching
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