ThisIsJA

BITCOIN ARRAYS - ORDER BLOCKS & NEW WEEK OPENING GAPS (NWOG)

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Daily Time Frame Breaker Bars outlined in dashed red.

New Week Opening Gaps from May and June 2022

Surpassing these two arrays will strengthen or renew Bitcoin's outlook.

However this movement is a re-tracement following last years sell off.
Bitcoin being touted as a safe-haven for inflation didnt fair well during last years market purge where flight to safety remained in US Treasuries

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.