Gl4diator

#bitcoin 1D - The bigger picture

BITMEX:XBTUSD.P   Bitcoin
Going from the H4 to the Daily, where we can see much better, where we are standing. It should be clear, that our Hotspot is slipping more and more out of reach and targets will faint and crawl lower the longer this is going to take. Our Leadline is in place, and as long as it doesn´t get broken I am not overly concerned, but also not denying a potential further consolidation to $8k. To be honest I´d like to see bullish movement and volume rather today than tomorrow. We should not forget that the overall target to break remains the Yearly R1.

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No financial advice. NeruSuite v5 - advanced technical analytics tool. #dyor

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