#Bitcoin Update:

Took the long yesterday when I told you because the setup gathered all the elements I have in my trading system.

Now expecting bulls to challenge those highs (see red cross).

If we have enough momentum, the big amount of shorts will be forced to close and thus buying back. I'm really expecting a retest of previous support (broken) in order to flip it into resistance (around 6900)

#Bitcoin UPDATE:

We just had a dump (from 6550 to 6130) on decent volume if you look at the mid TFs which can be quite scary if you went long.

But if you look at the smaller TFs, you can notice that dump occurred on low volume but when we broke 2 key supports at 6285 and support at 6166, that's when volume increased.

Having those south wicks actually indicates that buyers stepped to support the price.

Considering that bullish PA, we can also notice where price bounced off :

- Held a 70.5% fib retracement
- Bounced of 4HR bullish OB
- 4HR bullish SFP

I added a little bit to my long position with stop ~6100. I did so because we actually confirmed the 12HR bull div I spotted (see chart below)

Keeping my old stop loss below equal lows (5970)

Got a little present for you guys. Instead of making my usual market review with a livestream (that I will do tomorrow), I'm launching a new concept.

In this video I make a top down analysis of my previous trades of Bitcoin and Ethereum making a list of the things I did well and the mistakes I probably made that you can profit from in the future.

If you liked that new concept, please let me know in the comments section and hit the Like/subscribe button. It means a lot !

https://youtu.be/rrwQe5lw2Bs