BITCOIN hi...

BITCOIN higher probability scenarios

BTC locked in a lateral range, a priori there is no way to know if it is more consolidation or accumulation for an upward break but from a fundamental point of view we are bullish, from a sentimental point of view there is panic and fear which is also a bullish signal. We could break the 40k in the next attempt, yes, but that would be the easy thing, many expect it to rise from these levels, many others that it breaks down below 30k to seek purchases at levels of 20k-23k so to literally ruin the intentions of both , a false breakout to 28K and a strong return to the range zone is likely, why? There is a lot of liquidity in the 30K zone, check the second photo heat map, a lot of stop losses in that area.

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