$BTC is coiling here.
It could go up or down, yes.
But the main point to focus on here is that whichever way it moves first, is very likely a fake out.
For a move higher, we want to see the lower level get swept first.
If we sweep higher first, its likely we retrace that.
I personally still think we have one more main leg left in this move before a bigger correction.
But either way, the next dip is for buying.
We will get clarity on this early next week I believe.
$BTC
It could go up or down, yes.
But the main point to focus on here is that whichever way it moves first, is very likely a fake out.
For a move higher, we want to see the lower level get swept first.
If we sweep higher first, its likely we retrace that.
I personally still think we have one more main leg left in this move before a bigger correction.
But either way, the next dip is for buying.
We will get clarity on this early next week I believe.
$BTC
