deeper pullback to 49.5 then fractal play for three drive pattern to top the cycle at like 66-73k
exactly as it says if we can break flip both the breaker / ob + do can take out the equal highs
Looks strong on btc pair can see that usd pair has flipped the HTF levels, flipped the resistance hold above here should give a decent run
Parabolic move up full disclosure currently short on this project but bullish long term parabolic move up either needs to have a heavy pullback or consolidation if betting on a pullback have given scale in areas to bid argument to have sl a bid lower (monthly open / where parabolic move started) have given an SL but wont be using one personally as bullish on project
Super easy long play on bitcoin easy invalidation scale in at each section as it moves lower target the cycle high
Flip the daily open and breakout = moon Breakdown + bid the grey box before moon compound on reclaims of each area
Each time bitcoin breaks all-time highs the power of the up move diminishes multiple reasons for this (participants who aren't in the market left to join), (spot driven market vs deriveratives), (the sheer amount of capital required to move it further) i.e it takes more participants with more money to move it then it did when it was cheaper this cycle tops at...
Either way ocean is going up question is this or that flip the high go moon break down lower bid the lower box then moon