$BTC YOU SHOULD be a little bit more bullish right now.



We had a long term bear divergence build up play out.

We have failed to continue lower after 7weeks of accumulating

We have broke diagonal resistance.

It only makes sense that the current target for price action is the $100k area

This is the horizontal resistance on the chart AND on the daily it’s the upper limits of the bear flag structure.

Invalidate that structure and we can trend up to $114-120k quite easily, at this point IT COULD be a bearish retest, flushing all late shorts on the macro bear divergence.

Keep that in mind for the longer term play this year.. $100-116k > $90-76k > $120k +

Or we simply bull trend and once we get above $100k we don’t lose it again.

Both scenarios valid but currently shorter term, the chart is screaming for an upside move in my opinion.
BTC3,75%
MORE-0,52%
LONG1,61%
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