Bitcoin currently seated at the lows of the weekly range, is now or never at this point imo, currently resting at the previous consolidation that took the price to 22.8k (big blue box), if we are going to push it has to be from here, at least to mid range, followed by high range at 25k area. I will look to take partial profits in all those TP area pointed.
Sentiment is pretty bearish so it would not surprise me a strong trend to the highs with almost no pullbacks so people can not have the perfect entrance and most of them are left behind, if we are gonna go, its gonnna be from here and with strength imo.
Hard stop below previous lows in case it sweeps the consolidation before moving up again, but if we start closing below blue box I Will look to cut the position before my stop is taken.
Good Luck.
Sentiment is pretty bearish so it would not surprise me a strong trend to the highs with almost no pullbacks so people can not have the perfect entrance and most of them are left behind, if we are gonna go, its gonnna be from here and with strength imo.
Hard stop below previous lows in case it sweeps the consolidation before moving up again, but if we start closing below blue box I Will look to cut the position before my stop is taken.
Good Luck.