The BTC follows the classic breakout from its downtrend.
Will go up for collecting the Liquidity from higher high area, then will return below lower lows for collecting the liquidity accumulated under lower low area.
After this scenario BTC will run really bullish and accumulation time just begins.
This might be the moment the bull run starts.
Will go up for collecting the Liquidity from higher high area, then will return below lower lows for collecting the liquidity accumulated under lower low area.
After this scenario BTC will run really bullish and accumulation time just begins.
This might be the moment the bull run starts.
Comment:
As I previously presented my idea on 29th of May, BTC moves are more predictable now after Powell's speech regarding the hike of rate with additional 0.25.