DEALERBTC #BITCOIN $BTC MY THOUGHTS: MACRO UPDATE VERY BULLISH

This trade idea is an update to my previous trade idea about a consolidation play. In that trade idea I stated that I believe the pivot low of the daily candle on May 7, 2024 would act as an important support / resistance. That level is now established at $62,261.

In my opinion if price stays above $62,261, and gets above the yellow trend line on my chart, I believe that the market is in for around a 50% move to the upside to around $98,000. I believe that if the price gets above this trendline, it is likely to continue higher until at least June 7th.

It is my opinion that if the move to $98,000 is completed, the market will continue to new highs until at least November 21, 2024.

I have linked my consolidation trade idea to this trade idea for you to check out. You can see that I am on top of my game. Looking at other people's charts makes me want to puke, so I don't really look at anyone else's charts.

This trade idea is not financial advice. I am not any kind of financial advisor.

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