I'm back from #BinanceBlockchainWeek. ๐ My flight back was delayed for 4 hours so went to sleep only about 5 am. But #Bitcoin review is a must =)
So what do we have here. $BTC finally got to April'22 close at 37600 and got stopped there. At least for the weekend. Uptrend is still valid even though some indicators show bearish divergence, I prefer to ignore them till price action really confirm the break of bullish structure. My most bullish scenarios included pump to 43-45k which is still possible, but I don't think we will see anything higher on that round.
BTC didn't have any significant correction since the bull run started in the middle of October and pullback would be healthy by all means. Will it happen before or after 43-45k not yet clear. Stocks still bullish and DXY capable to crack down, so those factors can support further growth. Why not?
Main levels to watch PA:
๐ธ 44500 - FVG on week tf
๐ธ 40072 - May'22 high
๐ธ 37614 - April'22 close
๐ธ 32853 - January'22 low
๐ธ 31850 - July'23 high
#BTC 4H EMAs:
๐ผ 55 at 35053
๐ผ 233 at 32544
๐ผ 987 at 28984