BINANCE:BTCUSDT   Bitcoin / TetherUS
there's still too many factors to determine where PA will go ...but these seem like the best 4 scenarios (or something like this) IMO.
overall thinking the year will end on a bullish note since past 3 quarters were negative & institutions need to gather liquidity before shorting into the ground ...once ppl think its safe then BOOM, ZERO lol.
right now the global economy is at the fed's mercy. if they continue to tighten then expect down only, but if they relax then markets could get some reprieve.
critique welcomed!

my legend -
* Red dashed line- BSL
* Solid red line- Hard resistance
* Red box- Buy side FVG

* Green dashed line- SSL
* Solid green line- Hard support
* Green box- Sell side FVG

* Purple dashed line- IRL
* Purple solid line- BMS

* Orange dashed line- Liquidity range (ERL)
* Purple box- Range FVG
* Vertical orange line- Quarter change

* Teal dashed line- EQ of IPS


S/N - making btc the world reserve currency is a dope dream ...then you realize that countries would rather see millions suffer than have the ability to be equal



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.