Yes we can easily come back into this descending triangle and retest the support levels but we will not be staying there for long as every short idea has been invalidated in one 4 hour candle.
I'll be posting a YouTube video in the next hour with my exact thought process on everything that's been developing within price action over today as well as most likely a live stream.
There's nothing bearish about this market and it's now clear that this pullback was just letting bitcoin cool off before the next rally towards $50,000.
Elon Musk put bitcoin in his bio and we mooned 2 seconds later......
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I'll be buying every dip, and won't be thinking about shorting (and I'll only scalp in and out) until at least $44,000 - $50,000.
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Once momentum oscillators are ready to go I'll be entering a leveraged long.