BTC Daily Technical Outlook:
$BTC closed bullish today and it printed a bullish engulfing candle. A successful breakout above $41,000 is important from this location. Tomorrow I’ll be highly focused on the intraday chart’s development to look for a scalp setup 👀
I see a lot of talk of a bear market because of the FED & hiking of rates.
Thread on why it may not? Or do bears not consider that..? 🤸♂️🤔🏹
Yes? 👀
#Bitcoin Falling wedge is maturing beautifully.. (blue scenario).. all you need is a little pain to kick out the retail traders calling $40-42k as the bottom..
🚨 There two charts are all you need.
🍆 The macro chart is extremely sexy.
😍 Macro is rock solid..
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