Euphoria in the air! But, will it get us there?
-liquidity pools at white lines
-triangle formation atop fast move up
-gan fan from recent move and one dating back to Nov '22 coincide
-lost support of 50ma on 12h tf
conclusion: before any significant move upward,
i think that bitcoin will first reclaim liquidity around
the 97,700-99,988k zone. if support lost there, next zone below would be ~90,225k. this could either be a deswelling of momentum into a further drop, or a compression event, indicative of a rapid, significant move, possibly beyond current ATH ranging up to 181,678 thousand dollars or there abouts.
Im building a position broken up into many parts to wait out this long grind we have ahead of us.
