We saw this exact move made in the last week of January around the 30000 zone. Double bottom indicating that the bears are exhausted and the bulls are back in. Previous supply zone now turned into a demand zone. If you caught the bearish flag move, congratulations. I will be looking to enter on the long term buy position. targets profits set at 78000. will find a safe entry on the 5minute time frame around 45000 area to bring my risk to a minimum ratio.
Beautiful clarity on the market structure. I’ve been viewing Bitcoin now compared to its last ramp up 2017-2018. It’s mirroring its same habit, so beautiful analysis and I can’t wait to see the results
Lolo1_of_forex
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@BenjiBillion100 yes its definitely playing out a similar script.