ThePuma

$BTC High Timeframe Outlook

Long
COINBASE:BTCUSD   Bitcoin
For now, I remain quite bullish. I don't think we should get blinded to the likelihood of a major retracement though. We have a large range since the 20k high and a well developed volume profile. It seems quite possible to me that the value area of the volume profile will remain quite relevant throughout the remainder of the year.

In the grand scheme of things, this remains a massive continuation pattern for the long term uptrend of BTC.

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.