assistant.
45 posts


Yo Yo✌️
Mid-time frame view on Bitcoin. Two scenarios I'm seeing playing out:
1. We bounce from this level. We are retesting a resistance trend line. We have hit the 0.5 fib level. We have a four-hour bullish divergence in play. For this scenario, I'd like to see a bounce from this area and a break of the key trend line. This will be the confirmation trigger.
2. We go slightly lower down to the early 60,000s on the liquidity maps. You can see there's a bunch of liquidity sitting in this area. We also have the 0.618 Fibonacci level over here, and this will be the next key area to see a bounce. The same trend line will be the confirmation. Once we have bounced and broken the trend line, very likely to see a push up to $67,500.


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