No one is talking about the M pattern that didn't reach it's target yet. yes we came very close to it but this is a Macro Weekly chart. close is not enough to mark the target reached.
In my opinion, we still didn't get real bloody yet. one last drop to 12-14k is something i genuinely believe in. The pump that we are seeing since January is just a retest to the M Pattern Resistance.
I am personally not turning bullish unless we close a candle above 35K.
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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.