Bitcoin monthly OBs hold the range
is this the range until after the halving event?
We have a monthly OB defending the low
We have a monthly OB defending the mid (currently. broken up from)
and we have dual monthly OBs at the high
at the moment there is a high probability the halving event is a sell the news but will bitcoin ever see lower than 35k again?
the arrow is not necessarily the direction im aiming however i do expect a break up from this range in the future rather than a breakdown.
35k line in the sand
hold 45k and the consolidation could be even tighter
upwards expansion from 60k is inevitable
2.2T mcap pullback, 10T mcap the next high - i dont make the rules ;-)
We have a monthly OB defending the low
We have a monthly OB defending the mid (currently. broken up from)
and we have dual monthly OBs at the high
at the moment there is a high probability the halving event is a sell the news but will bitcoin ever see lower than 35k again?
the arrow is not necessarily the direction im aiming however i do expect a break up from this range in the future rather than a breakdown.
35k line in the sand
hold 45k and the consolidation could be even tighter
upwards expansion from 60k is inevitable
2.2T mcap pullback, 10T mcap the next high - i dont make the rules ;-)
Note
TOTAL for referenceTransaction en cours
Note
dont be bearish hereNote
👀 approaching upper limits, i think we range once its tagged, maybe not to lower regions but most likely a back test f the mid/eqNote
hold 58k and there wont be a lower dip ever again.originally i thought we would range here, seems like btc has other ideas. close below this level and we can talk about 40s again.
...time will tell
Transaction en cours
i think up before down, but these are my major zones.
Note
Adding some volumetrics to my previous #bitcoin chart; collection of POC/VA from the 2021 monthly consolidations, the yvwap, and 2019 low profile.
For as long as we are above all this, factoring the bos, we are indeed going higher, i don think bears sweep those stops (yet).
BTC
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.