🐂 The Bull 👊 The Bear 🐻
So, the belief and the reasons for my faith in the Bull were correct. $BTC hit the 70k mark yesterday.
With the current $BTC chart, I believe 53.2k was the bottom of this adjustment phase. From here, any pullback is an opportunity to go Long; $BTC will continuously set new ATHs until the end of this cycle.
Analyzing the H4 chart:
🐻 $BTC may retest the 2021 ATH and correct to the 61k zone before setting a new ATH.
🐂 The 61k zone is the old resistance that the Bull 🐂 broke through, turning it into support => Buying/Longing here is reasonable with a good R/R ratio.