BTC and IBIT Blackrock ETF prices are pushing higher!
Bitcoin and IBIT Blackrock ETF prices are pushing higher showing buyers are back in the game.
But I also think we're hitting the upper range of this trend channel and likely due for a pullback.
The Total Market Cap has a strong resistance area around 1.75T
My thesis is that Bitcion pulls back after this bull trap rally and pushes back towards 38k before resuming the bull run (which would still be in the uptrending channel and bullish market structure).
What are your thoughts?
But I also think we're hitting the upper range of this trend channel and likely due for a pullback.
The Total Market Cap has a strong resistance area around 1.75T
My thesis is that Bitcion pulls back after this bull trap rally and pushes back towards 38k before resuming the bull run (which would still be in the uptrending channel and bullish market structure).
What are your thoughts?
25-year investor & trader, bought 1st BTC at $20
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More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstream.io/work-with-me
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