Soooooo, well. Guess we can negate the bearish/healthy scenario for now as we see Bitcoin pumping over its prior high for 2020 and even wicking above the last swing high on Bitstamp to create a new swing high. This is quite a huge factor and once more signals the strength and deeper bullish bias of this ralley. This also could now be further confirmation, that we see the start of a strong bullmarket later this year and going into 2021. Reaching above 14k could still be some sort of a challenge, since I do think that 11k will be of some resistance where price will a least need to consolidate imo.
Of course Bitcoin can go too ATH the next month, I do not doubt that, but it is not the most likely scenario imo. Not a lot has changed besides that I am now looking for scenario A to play out over the next days. We have a daily 7 on the TI Sequential, so we will get a 9 the day after tomorrow, maybe coinciding with a top at channel resistance and 11k. Look at prior posts for clearance.
Check me out on YouTube: Enlightened Trading and Instagram: enlightened_trading_ so you don't miss out on key information and trading oportunities.