Bitcoin reached down to the last supply zone before creating a new yearly high. Considering how BTC has responded to S/D zones in the past, I think there's a good possibility that price will start reaching for higher highs soon.
Overall pretty bullish. The mainnet release is also coming up so that could be a confluent reason as well.
If we zoom out, though, to the 1d and take a fib retracement lvl over the big downward move
we see that the target comes close to the golden pocket, another confluent reason.
Target: 0.00049 area
Anyway, this is my first post on here so feel free to leave...
