DiegoCW

BTC Recovery

Long
KRAKEN:BTCUSD   Bitcoin
Top-down analysis says macro trend remains strongly bullish.

I added the fundamental bad news that happened last week to the chart, here we can see they drove the price down but buying sentiment remained strong and the price is consolidating strongly above the 53k level from which I predict a bullish breakout to reach the previous ATH at 63.8k


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