Bitcoin directional bias is clear : BULLISH. With subsequent higher highs/higher lows and and a bullish pattern formed right above the last pivot point, I am confident that Bitcoin should reach 25K with no particular problem. Fundamentals are also in our favor with a 99% chance ( according to institutional investors surveys) that we will see just a 25bps hike by the FED this wednesday which will weaken the Dollar even more vs Cryptos...
Commentaire:
Small retracement, Adding up to my position. The trend remains bullish before FOMC