Bitcoin available scenarios ๐น ยฉ Alt-Seasonยฎ๐
For me, there are two scenarios ahead of Bitcoin
1๏ธโฃ The price will reach a new ATH and start falling from a level that only the market maker knows (Diamond), which after the new ATH, we should look for signs of falling in lower time frames.
2๏ธโฃ The price should be rejected from this QM level (the level in which it is located), which is necessary for Bitcoin to be sidelined for at least a month or two to clear the market maker's purchases.
๐ Fail Analysis: price goes to higher levels ( more than three-month candle ATR) without any consolidation
๐ฅ Still enjoy the alt season at this level
1๏ธโฃ The price will reach a new ATH and start falling from a level that only the market maker knows (Diamond), which after the new ATH, we should look for signs of falling in lower time frames.
2๏ธโฃ The price should be rejected from this QM level (the level in which it is located), which is necessary for Bitcoin to be sidelined for at least a month or two to clear the market maker's purchases.
๐ Fail Analysis: price goes to higher levels ( more than three-month candle ATR) without any consolidation
๐ฅ Still enjoy the alt season at this level
