I see a lot of good bearish setups at the current level, though I think we break out upwards this time..
Putting BTC against stock market movements + news and market sentiment.. I think we have enough recipe for a breakout to 41k-43k. 40k was not a strong support last time and I think it can be the same this time too.
Just some random facts: rsi low, dragonfly doji candles on multiple timeframes. Weekly timeframe looks amazing. Russia US news is probably BS. Fed news is not that bearish. Legalisations in India. Regulations in USA. EMA's much higher. 40k retest didn't happen yet and is ABOVE blue line.
Feeling bullish for a 10% leg up on crypto. Hope I am right after yesterday's buys!
P.s. most of my idea's and setups are not posted on Tradingview because it involves many charts. Hope this particular one will be right.
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