Price action is unfolding exactly as expected! 🤗
$BTC closed above $80,350 and even broke above $80,700. There was no deviation on the daily timeframe.
Although the 4-hour chart shows deviations in both directions, I’m more inclined to focus on the daily structure.
📈 If a 4-hour BTC candle closes above $82,100, that would be a very bullish signal.
As long as the daily close stays above $80,700, my outlook remains bullish (LONG).
If the daily close falls below $80,700, I’ll reassess the market structure, look for any deviations, and watch for a potential bounce from the strong support zone between $77,500 and $78,500.
Let’s keep watching how things unfold! YTD! 🙋🏻♂️
$BTC closed above $80,350 and even broke above $80,700. There was no deviation on the daily timeframe.
Although the 4-hour chart shows deviations in both directions, I’m more inclined to focus on the daily structure.
📈 If a 4-hour BTC candle closes above $82,100, that would be a very bullish signal.
As long as the daily close stays above $80,700, my outlook remains bullish (LONG).
If the daily close falls below $80,700, I’ll reassess the market structure, look for any deviations, and watch for a potential bounce from the strong support zone between $77,500 and $78,500.
Let’s keep watching how things unfold! YTD! 🙋🏻♂️
