Whale games, they opened large short and are now covering it

It is important that you know what’s happening in the markets real time

Don't focus too much on lines, rather understand that if we breakout this trendline, target is 42-43. if we dont breakout, target is back to 36, if 36 fails, target is 33,34. if that fails, target is 28k

NFP was positive:

Good news for indices and also for Bitcoin

At the same time: with good jobs American economy shows health and that's the number 1 thing the Feds look at. Rates will be increased in March, that's almost 100% now and it's old news.

summary:
Let's have a BULLISH WEEKEND! (70% chance vs 30% Bear weekend)

near & ada closed at first resistance.

NOW IS THE TIME TO BE ON YOUR SCREEN.

Diagonal lines are pretty much a meme. Key resistance is still 41K. Close above that and we can start eyeing confluence of yearly open and STH realized price around 47K. One step at a time.

I doubt there's spot inventory left to sell at $40k. What was going to be sold has been sold already in a 2 month downtrend capped off by a macro panic.

Also doubt buyers in the $30k area bought in order to sell here.

Similar in many ways to the $6k level in 2019.