Houston on Nostr: $BTC positive weekly seasonality kicks in this week. Interestingly a pullback here is ...
$BTC positive weekly seasonality kicks in this week.
Interestingly a pullback here is actually necessary here for #Bitcoin to put in a base for any kind of sustainable rally.
Price action-wise, $BTC is currently momo-up on the weekly, so we need to see a re-test of the 27176 pivot to extinguish the weekly momo-up condition and remove this weak market structure.
So watch for a break and flush through 27176 and then see if buyers step in.
#Bitcoin #trading
Interestingly a pullback here is actually necessary here for #Bitcoin to put in a base for any kind of sustainable rally.
Price action-wise, $BTC is currently momo-up on the weekly, so we need to see a re-test of the 27176 pivot to extinguish the weekly momo-up condition and remove this weak market structure.
So watch for a break and flush through 27176 and then see if buyers step in.
#Bitcoin #trading