BTC-HONDA

BTC bullish to new highs?

Long
BTC-HONDA Updated   
COINBASE:BTCUSD   Bitcoin
BTC is in a nice declining volume consolidation that looks like it wants to continue to 23,800 on a break out. This is my primary view, but if it breaks down, I will look for 22,293. In general, I think 30k is likely but 25k is the mid term target with a pull back. THe stock market has been much more bullish than anticipated and can help crypto breath for the short-midterm.
Comment:
this declining volume is most clear on the daily
Comment:
My overall thought process is that BTC has been in a declining volume falling wedge thats traditional target is 30k. SOme of the volume buy spikes are just starting to come in on the break out
Comment:
Here is the view on the monthly I think the volume profile is the clearest from here

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