I feel like we are about to see an explosive move from Bitcoin today just in time for the weekend.
Unfortunately there are quite alot of signals pointing to a bearish move, as we are one candle away from printing a bearish TD9 on the daily, a CME gap down at $34.4k to fill, going into the weekend and also a Future Pivot that is commonly filled....not to mention the Weekly pivot that almost exactly overlays this CME gap between $34.5k to $32.3k.
On the other hand there is so much bullish news out there that if we break $42k we can see an extremely large pump easily to $47k region filling an old CME gap.
Imo when it goes it is going to go! Either $47k or $34.5k!
So my play is to have a Long set up from $42k to $47k and a Short from $39.5k to $35k. Big moves but its what happens after Pump and consolidation.
