KamTheCryptologist

BTC Is set to initiate it's upward leg to +70K

Long
FTX:BTCPERP   Bitcoin Perpetual Futures

This has been a very boring BUT healthy move by BTC since the new set ATH.

All my previous TAs stand valid to the date meaning:
BTC playing at the range 55K-57K with the potential to hit 53K which is a bit shy of 50% retracement/correction of the previous upward move to the ATH.
Wave count and trend exhaustion seem to be in place and now A massive divergence in Short Term Volume and Price Oscillator. Summary

Buy at a break of 60670(Buy Stop) or buy at a maximum pull back at 53500K.


It is also very much in line with this signal of mine back in July 2021.
Trade active:
Hi

As expected, the price touched 53K area and the Buy at 53500 is now active and in play, given the rally continues as expected buy at breakout out 60670(Buy Stop) would be a good level to add to more Buy as I believe breakout of this level is further confirmation for price upward rally toward +70K area.

Just my thoughts. DYOR

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