I don't think that our structure is bullish in any way.

If you look at the rectangles, this sort of consolidation is some bullish hopium here.

Related to the hopium.

Not much new dumb money in here currently. Explains the current state of the market.

However, this is somewhat reverse psychology:
The less noobs in here, the more upside.
Similar like high unemployment = bullish as we get more printing.

However, this isn‘t a bottom signal, more like we are resetting for a bullrun. We can go lower. Who knows at this point. Stocks will lead.

Bulls working on that weekly close 🤝

56.5k range next target

Approaching. !If! we go higher, I am expecting at least one rejection.

Good volume on the LTF and no bigger rejection. Maybe we go on to 58.5k

🟢 #BTCUSD_PERP Liquidated Short: $1.42M at $57136.30

Here come the squeezes

JUST IN: Jim Cramer says he is "waiting for NVIDIA to bottom."

@WatcherGuru

Have we really bottomed?

Retested and held so far

Looking juicy 🤝

58.5k reachen. Real resistance is here. If we break, next is 60k

European central bank lowers to 3.5% from 3.75%

That is the 2cnd rate cut already for Europe

JUST IN: Grayscale to launch $XRP trust fund.

@WatcherGuru

^

It was all in the charts. I knew it before without knowing it

Beautiful. You can‘t look at this chart and tell me that TA doesn‘t work

61.5-62k will be a hard grind