$BTC sideways for now, long-term uptrend intact
I’m waiting for 
BTC to tap 102k again, or for the yearly open at 93k. Not much happening at the moment, but I see it moving higher.
Most likely, we’ll trade within January’s candle and form an inside bar. The inflection point will be at the extremes of that candle for short-term trades. If it decides to break January’s low, I’d see that as a potential re-entry point.
So, in short:
Continuation above 102k
First possible entry at the yearly open (I think many are watching that area)
Second entry at January’s low (optimal for me)
For now, it’s just consolidation.
BTC to tap 102k again, or for the yearly open at 93k. Not much happening at the moment, but I see it moving higher.Most likely, we’ll trade within January’s candle and form an inside bar. The inflection point will be at the extremes of that candle for short-term trades. If it decides to break January’s low, I’d see that as a potential re-entry point.
So, in short:
Continuation above 102k
First possible entry at the yearly open (I think many are watching that area)
Second entry at January’s low (optimal for me)
For now, it’s just consolidation.
Note
Waiting on a reclaim of Jan's Low. BTC
Note
Ideally, Monthly close is above that levelNote
Maybe I am asking for a lot. But seems like sub 80ks buys are the ones to be focusing the most.
Weekly and mid range aligned with that level.
Trade active
Took some spot buys here. Will wait on more down to 75-76k
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.