is this the range until after the halving event?
We have a monthly OB defending the low
We have a monthly OB defending the mid (currently. broken up from)
and we have dual monthly OBs at the high
at the moment there is a high probability the halving event is a sell the news but will bitcoin ever see lower than 35k again?
the arrow is not necessarily the direction im aiming however i do expect a break up from this range in the future rather than a breakdown.
35k line in the sand
hold 45k and the consolidation could be even tighter
upwards expansion from 60k is inevitable
2.2T mcap pullback, 10T mcap the next high - i dont make the rules ;-)
We have a monthly OB defending the low
We have a monthly OB defending the mid (currently. broken up from)
and we have dual monthly OBs at the high
at the moment there is a high probability the halving event is a sell the news but will bitcoin ever see lower than 35k again?
the arrow is not necessarily the direction im aiming however i do expect a break up from this range in the future rather than a breakdown.
35k line in the sand
hold 45k and the consolidation could be even tighter
upwards expansion from 60k is inevitable
2.2T mcap pullback, 10T mcap the next high - i dont make the rules ;-)
Note
Trade active
Note
👀 approaching upper limits, i think we range once its tagged, maybe not to lower regions but most likely a back test f the mid/eqNote
hold 58k and there wont be a lower dip ever again.originally i thought we would range here, seems like btc has other ideas. close below this level and we can talk about 40s again.
...time will tell
Note
Adding some volumetrics to my previous #bitcoin chart; collection of POC/VA from the 2021 monthly consolidations, the yvwap, and 2019 low profile.
For as long as we are above all this, factoring the bos, we are indeed going higher, i don think bears sweep those stops (yet).
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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.