Every Profitable #Bitcoin Trader Is Watching These TWO data points
đ1-10) A moment of truth is near. Bitcoin has rallied from 60,000 to 67,500 in four days, almost reaching our line in the sand. However, the rally occurred within four one-hour time windows and appeared driven by several blocks of larger orders instead of gradual buying during those four days.
đ2-10) The real test is not our 68,300 âline-in-the-sandâ level, which symbolizes the previous high. After retesting, this previous bull marketâs all-time high level, while previously rejected, caused a parabolic move in Bitcoin in the last cycles.
đ3-10) As crypto futures traders have turned cautious, the real test is for the spot market to drive this rally higher. -> read the full note here:
https://mail.10xresearch.co/p/every-profitable-bitcoin-trader-watching-two-data-points
