Bitcoin monthly OBs hold the range

12 thg 2, 2024

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 ;-)

12 thg 2, 2024

Ghi chú

TOTAL for reference

12 thg 2, 2024

Giao dịch đang hoạt động

18 thg 2, 2024

Ghi chú

dont be bearish here

27 thg 2, 2024

Ghi chú

👀 approaching upper limits, i think we range once its tagged, maybe not to lower regions but most likely a back test f the mid/eq

5 thg 3, 2024

Ghi chú

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

20 thg 9, 2024

Giao dịch đang hoạt động

i think up before down, but these are my major zones.

12 thg 10, 2024

Ghi chú

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