And once more, we are well behind our scenario. Following the fictitious level takeout, we emerged ahead of schedule and are currently attempting to unite behind the subsequent level. Currently, there are two possible paths for the events to follow:
1. First choice. We will likely continue to rise from the present level and gain traction behind the level before testing it again. Since we are now purchasing, this is more likely given their ongoing markup of the asset.
Option number two. We proceed in the same manner as in the first scenario, but in contrast to the first, we do not retain this level and respond downward; instead, we will ascend after the retest of the lower level. This is a less likely, but still plausible, scenario.
👀I would also want to add that we should wait for the news right now since they have already begun to push it very hard and we anticipate seeing a capital flight from bitcoin to other currencies as a result of the news's expected release.