With the underlying blue structure complete, Bitcoin has broken the downtrend on its second attempt. Now the real question — is there momentum behind this, or is it just another dead cat bounce served up by the market makers?
In my view, the latest high is the key indicator. If BTC can close above it, we finally get breathing room, as that would be the first clear sign of a legitimate upside setup.
A new all-time high is absolutely on the table. Why? Because we’ve successfully turned inside our green correction level, another strong bullish indicator — with its target sitting comfortably at 138k.
So the question is — what will you do? Panic buy and get played, or wait for a real setup to unfold?
I know exactly what I’ll do — and with some stress off my back in private life, chances are high I’ll share the next move with you.
Stay sharp, friends.
