molehill

BTC's Swift Run Through the Forties

Long
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
This is my first share on TV.

BTC has been tip-toeing it's way through the forties and I believe is due for imminent departure.

As the price moves sideways towards the 200 moving average line rising up below it on the 15, we await the 100 moving average line to correctly align below the 25 and 50.

The 1 minute chart is ready set go and I believe there is more than enough market momentum and sentiment to forget the 100 MA on the 1H.

The sideways consolidation and squeezing geometric formation provide the momentum to propel BTC from the bottom of the channel and say goodbye to the forties, for now.

Thank you and good luck.
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