BTC Swing Update

BTC/USDT,  6h Bullish

I’ve been a bit quiet on posting some trades as I have been out on holiday and taking some time away from charts and only holding my swing trades, however I wanted to get this update out as we approach an area of interest of mine and didn’t want to leave any followers wondering where my mind was at with the charts.

I have largely been following the ideas that I set out in this post from a bit ago, it has simply taken some time to reach the target.

My plan with BTC is still exactly that, we have gotten very close to my target of interest but we haven’t quite reached it yet. I’m looking for some kind of break below the level shown on the chart, and short thereafter looking for that level to be regained. And when we do that, I am expecting that BTC price will be headed straight for all-time highs. I do not think it will be a moon mission from here, but I am strongly anticipating a move above ATH (circa $80k), and then I’ll be looking for reversal structure from there.

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