Tread Idea - Short Term
BTC has broken bullish out of a bull flag on the hourly and 4 hourly.
This gives us a target to our next zone of resistance around 60K.
We have some serious catching up to do for the S2F model to get to an average price of 100K by year end.
On-chain = Bullish, TA = Bullish but very high levels of derivative positions around so the next move will be volatile in the markets decided direction.
Happy hunting,
TheRaggy
BTC has broken bullish out of a bull flag on the hourly and 4 hourly.
This gives us a target to our next zone of resistance around 60K.
We have some serious catching up to do for the S2F model to get to an average price of 100K by year end.
On-chain = Bullish, TA = Bullish but very high levels of derivative positions around so the next move will be volatile in the markets decided direction.
Happy hunting,
TheRaggy