We are looking for 1 more retest and bounce off a resistance level that has been used so many times before then expecting price to use our support zone ( red box ) to load up price before it makes a bullish run and explodes through current resistance up to out TP area ( green box )
We can see a pump coming for BTC as there is so much uncertainty surrounding the US economy and weakness in the USD at the moment, we are heading for a recession and when this does hit people normally run out and buy gold... this time we can see them running out and buying gold and BTC, so as the strength of the USD weakens then obviously the price of BTC will rocket... This is my thought anyway... what are your thoughts?