Forwarded from Birb nest
#BTCanalysis
💵@vipclub_99 JayTrader
DAILY REPORT
BITCOIN&MARKET UPDATE
LTF
1H:
On the hourly, we can see a breakout on price as well as OBV. A full measured move would take this to around 59.5k, which would fulfill the last breakout target from #official-calls. This doesn’t mean we will top out under 60k, but there is enough confluence in that area to say we could see somewhat of a pullback and/or range forming at that point. This should be good for alts, and I suspect we will see quite an alt season start to develop some time within the next days. We may still be a little early though, so don’t go too aggressive just yet.
That’s today’s BTC report! Have a great weekend and please leave a sticker if this helped! 🐬
💵@vipclub_99 JayTrader
DAILY REPORT
BITCOIN&MARKET UPDATE
LTF
1H:
On the hourly, we can see a breakout on price as well as OBV. A full measured move would take this to around 59.5k, which would fulfill the last breakout target from #official-calls. This doesn’t mean we will top out under 60k, but there is enough confluence in that area to say we could see somewhat of a pullback and/or range forming at that point. This should be good for alts, and I suspect we will see quite an alt season start to develop some time within the next days. We may still be a little early though, so don’t go too aggressive just yet.
That’s today’s BTC report! Have a great weekend and please leave a sticker if this helped! 🐬