Week 3 bullish reversal but the daily is still trying to resolve one way or another, so far we have no idea what it is doing

What we want to see is the daily pattern resolve bullishly while the weekly holds the reversal completely before the market begins trending higher

This is generally how accumulation phases work out, they are usually asynchronous in both weekly and daily trends

We finally have a confirmed daily downtrend

Weekly is still in bullish recovery for now

Very likely we get some sort of realization phase on the daily as the SPX is also in one

The correlation between the 2 should be full restored

If stocks bottom soon I believe BTC will begin the next daily bullish recovery which will be aligned with a weekly recovery, first time both daily and weekly are in recovery since October 2023. Timing is important for this to bottom imo, from now until mid April is required for this to happen

Locking in will be needed soon

Daily and weekly both in recovery 👀, pivot was at 66,800 I believe

But let's see how Monday US opens

Happy Easter!

Do not report scammers using
/report, just dm an admin or me

Scammer bots have started reporting people who report them via /report and it may cause confusion

Thanks

We finally have a confirmed daily downtrend

Close to an end, possibly today if we hold these levels, reversing bullish

Weekly still bullish

Didn't quite hold it yet, will have to give a few days to see. We are extremely close imo.

Weekly turned bearish

Teetering