My previous idea is still in play. Here an update on the 4h chart. I extended my previous red lines that show the downward trendline and heavy resistance zone we are currently in. Simultaneously, we are testing the broken Support/newly turned Resistance line of the Descending Triangle. Note: It seems like we are forming a rising wedge and also have a bearish...
First a bit more down to 31.5 - 32.5k zone. Then up to 36k - 37k zone. Then DUMPENING to around 19.5K - 20.5K Zone. Long Consolidation. Then HEAVY MOOOOON UP UP UP UP !
I am the BTC Seer and I see what BTC will do.
This looks like a classic short based on Richard Wyckoff Distribution Schematic. Twitter and everyone is so bullish and Fomo'ing. Funding pays shorts. Long to Short Ratio favors Shorts. Maybe some more up but looks like the big picture shows a massive dump coming in the near future... Beware and trade smart!