BNC:BLX   Bitcoin Liquid Index
I was previously bearish on the market and still am cautious with what happens next. However, the charts are reading extremely bullish now that BTC has closed monthly above the long standing rebound zone (orange). A retest of these levels is still possible and an excellent place to load up again should we retrace to those levels. It appears that $90k will be an extremely good place to take large profits and potentially reload at the retrace for the final push in the coming 1-3 years. Bullish idea is invalidated if there are closes beneath the rebound zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.