A couple things to look out for in the month of June:
1) U.S. Debt ceiling deal due by June 5th.
2) China to uplift cryptocurrency ban on June 1st.
Analysis:
Support has held.
Daily bullish divergence with an impulse candle.
We are looking for a very powerful move for wave (3) of the (iii).
40K BTC is in the cards by the end of the Summer.
1) U.S. Debt ceiling deal due by June 5th.
2) China to uplift cryptocurrency ban on June 1st.
Analysis:
Support has held.
Daily bullish divergence with an impulse candle.
We are looking for a very powerful move for wave (3) of the (iii).
40K BTC is in the cards by the end of the Summer.