This is largely a continuation/update for the BTC trade ideas that we have discussed before here on May 21st and here on May 5th.
Bitcoin still has not reached the next targets of the previous ATH ($74k) and I am still largely looking for this push in price to take place. I anticipate price to push a bit beyond ATH toward 80k, but leaving a basic and easy target currently at the ATH price level.
Before we reach the target of ATH, I am looking for a move from BTC to the green area shown on the chart. When or how this move comes will change are more structure and data come in, but at this time I am looking for it to be a pretty sharp move that gets bought up quickly and with a high probability that this occurs on a day with high impact news events
This is largely a continuation/update for the BTC trade ideas that we have discussed before here on May 21st and here on May 5th.
Bitcoin still has not reached the next targets of the previous ATH ($74k) and I am still largely looking for this push in price to take place. I anticipate price to push a bit beyond ATH toward 80k, but leaving a basic and easy target currently at the ATH price level.
Before we reach the target of ATH, I am looking for a move from BTC to the green area shown on the chart. When or how this move comes will change are more structure and data come in, but at this time I am looking for it to be a pretty sharp move that gets bought up quickly and with a high probability that this occurs on a day with high impact news events