StihlBtChainSaw

StihlBtChainSaw Updated 

Despite recent market jitters and bearish sentiments stemming from a significant drop, I remain bullish on Bitcoin, particularly in a higher time frame analysis. The recent downturn may seem daunting, but it's crucial to recognize that such fluctuations are often part of Bitcoin's volatile nature, especially in the midst of its ongoing bull market trajectory and...

StihlBtChainSaw

After the triangle fakeout on April 8th, Bitcoin experienced a significant drop, reaching a low of $59,660. Despite this drop, the macro perspective remains bullish. Currently, BTC is trading around the $64,000 area, with a range low of $60,000 and a range high near $70,000. Since the last update, the price moved to the Fixed Range Volume Profile (FRVP) Point of...

StihlBtChainSaw

Yesterday witnessed a triangle fakeout,leading to a significant drop and triggering numerous stop losses,with the price plummeting as low as $60,660.Despite this,the bullish sentiment remains intact in the macro perspective. Currently trading around $64,000,with the range low at $58,700,we've seen attempts to reclaim the Value Area Low (VAL) from the Fixed Range...