LogicallyMinded on Nostr: The blue path didn’t play out. Most likely we are going to go straight up at least ...
The blue path didn’t play out. Most likely we are going to go straight up at least until the end of the year. Pullbacks are to be bought although those will probably be extremely shallow until we explode to the upside on the breakout. We may see one significant pullback (around 50% retracement of the impulse that is forming) before reaching 130-135k (possibly before the end of the year) which may mark another multi-month pause for consolidation.
#Bitcoin #BTC #Trading #Tradestr
Discarding the red path and adding my preferred path (more bullish) in blue. It’s a consolidation within the range of the green path but with an explosion to the upside much sooner.
#Bitcoin #BTC #Trading #Tradestr note1ch8…re0y
Published at
2024-10-30 05:45:30Event JSON
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"content": "The blue path didn’t play out. Most likely we are going to go straight up at least until the end of the year. Pullbacks are to be bought although those will probably be extremely shallow until we explode to the upside on the breakout. We may see one significant pullback (around 50% retracement of the impulse that is forming) before reaching 130-135k (possibly before the end of the year) which may mark another multi-month pause for consolidation. \n\n#Bitcoin #BTC #Trading #Tradestr https://image.nostr.build/c2178e0b78233a61939fd4be5528a11ba062df8641ee8f40cd07da56466318f2.jpg nostr:note14uq6hwz7fdzx4czhravqlwyw8l708p3ec3hsgpw7df37es8lvklshqj29j",
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