Jellee1

$BTC is having another go at breaking the 100-day EMA.
Previous attempts in the past 6 months have failed; but from the looks of it, bulls are more serious this time around.
Let's see 👀

The EU is planning to encourage working from home to combat the energy shortages as a result from the Iran conflict.
In the meantime, the Dutch government spends 200 billion funding yet another offshore wind park - instead of just slapping down a couple of these badboys.

Situation remains unchanged.
Bullish chop in a bear market.
Caution & patience, the name of my game until further notice.
bitcoin:native

The battle over high-timeframe resistance continues.
Generally takes a while before we have a clear winner.
Expecting bears to fight back again soon.
$BTC

No matter all the earthly glory and wealth you might receive, never lose sight of the bigger picture.
Everything we have comes from Him.

$BTC is still flagging into the key resistance - after sweeping the highs again over the weekend.
This is where you'd expect follow-through soon.
Solid RR for bears with clear invalidation; but bulls can quickly take control just as well.
Let's see what the week brings!

Bulls are really stepping on the gas into resistance on the back of Hormuz reopening 👀
Can $BTC make it through before the weekend?
Would be crazy, not going to lie.

$BTC testing the 100-day EMA, and potentially putting in a major sweep of the local highs - while also tagging the highs of a flag-like structure.
Confirm the sweep over the weekend and it's an easy trade back down - with clear invalidation just above as well.
Simple.

There we go, $BTC just properly took out the liquidity above the equal highs we made a couple days ago - as expected.
Time to pay attention now; close it as a sweep and I think it's likely we revisit the $70k area, at least.
👀

$BTC still faces the main resistance area.
Reclaim it and things look ripe for price to move a lot higher.
Until then, not in any rush.
Bullish at resistance is risky business.

What the fuck even are those last three weekly candles man 🤣

$BTC is chopping around while facing a monster resistance area.
Generally speaking, reclaims of such areas can take a few months.
My approach here is to pay as little attention to LTF moves as possible. The chart is merely there to fuck with your emotions.
You have your areas of interest, don't get fooled into taking trades you never really wanted to take.
Let the market come to you.

2 ways to wait for the bear market to be over
Choose wisely

$BTC has spent nearly 9 years inside this rising channel - and I think we'll stay inside it for at least a couple more years.
Question is; can we crack that midlevel again in the next bull run?

GM GM
$BTC's liquidity games continue.
Equal highs at $76k do not look safe.
If we get a sweep, I think we likely revisit the $71k area at least.
Until then; choppy market. Don't get sucked into trades you don't actually believe in.