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$BTC 1W
Price attempting to reclaim prior support.
Again, I have my doubts on this whole “end of the bull run” narrative. There are no signs of upward trend exhaustion & there are now bull divs on RSI + Price action is bullish.
Reclaim & it’s up only.
#bitcoin#cryptocurrency
* Todays plan. I'm only interested in Longs as far as BTC is above 66k.
- If it breaks above the 4hr resistance (purple 71.2) it may trigger a pump to 72k level, a temporary pullback before a new ATH
- A break below 69.3, possible a correction to 67.3-67.1) #BTC#Bitcoin
A clean break above 69.4k. 74k resistance is next. With this current move, I will remain bullish as long as BTC is trading above 66k. If the monthly candle closes above the ATH, I expect it to continue up to 78k-90k and even highery April tends to be a favorable month for #BTC.
The halving is very near. Now we all know which coins did very well in the pre-halving. If the opportunity comes with more than 15% dump, I'm loading up some. I added more of RSS3 to my high risk portfolio after 18% dump from the local top.
Bulls aren't given up yet. Open Interest shows a lot of sell came in at 56-57k area but CVD came in very strong to prevent a dump. The open interest is starting to build up again to send the price up. $58,500-60k is in play. #BTC#ETH#Bitcoin