#ShareYourThoughtOnBTC #BitcoinStrategy #Bitcoin #BTC
We continue our analysis on the short term:
1. As announced yesterday, no need to panic if BTC did not break its daily imbalance of November 20-22 from below.
2. Bullish closing vs imbalance. This is positive.
3. ETH and BNB are rising, this could indicate that the 3 are preparing for a new attempt at BTC $100k
Important:
A. learn to set your Daily and Weekly imbalances.
B. Keep a cool head and make price vs last peak ratios.
Yesterday people panicked on spot while BTC made -3.5% (95.5 vs 99.6) and finally closed above the daily imbalance.
Anyway, I hope this helps you with your analysis. Imbalance that will need to continue to be monitored.