BTC halving month ..what can expect?

BTC / USDT

BTC highest monthly candle closure ever yesterday above 71k (In HTF we did breakout on monthly ✔️)

Also BTC halving is after 18 days only
Historically it was one of most bullish events
But usually preceded by some corrections first before BTC going wild

Maybe even the correction phase is ended by the recent correction we did to 60k .. 2 weeks ago

Yes we can still see some more corrections and boring days until halving
But the most important thing for me thats no monthly candles close below 58k so we can consider this is real breakout on monthly and not fakeout

Besr of wishes

Commentaire:

This idea will be updated on HTF only (next weeks and months )

Commentaire:

In short term ..expecting one of these scenarios :

Scenario1: cme gap got filled and pump

Scenario 2: taking more liquidity before pump

Commentaire:

BTC pumped back around 69k again and showed strength

Next Super cycle is just a matter of time imo