A scenario in which the narrative is that bitcoin will keep increasing in value in anticipation of the halving event. Around this date it will dump and go sideways into accumulation during the summer.
Trade closed: stop reached:
Did not expect price to break 8k resistance, but it showed great strength.
That does not mean that this idea is invalidated.
A close of this monthly's candle above 9.2k will most likely open the gates for 10k, in which case this trade idea will be off the charts.
That does not mean that this idea is invalidated.
A close of this monthly's candle above 9.2k will most likely open the gates for 10k, in which case this trade idea will be off the charts.