We had two well-formed short to mid-term arcs fighting for the future of the BTC price.
The larger downtrending arc has definitively lost, as the trendline and smaller uptrending arc held.
Look for a retest of the larger arc before a fast track upwards towards upper resistance.
Re-entry and a daily close back inside the larger downtrending arc wall invalidates and turns my sentiment bearish.
Good luck and enjoy.
The larger downtrending arc has definitively lost, as the trendline and smaller uptrending arc held.
Look for a retest of the larger arc before a fast track upwards towards upper resistance.
Re-entry and a daily close back inside the larger downtrending arc wall invalidates and turns my sentiment bearish.
Good luck and enjoy.