$4950 as Tone Vays says, we never retested 5k since last year
$BTC
• Bounced at the confluence of a 1D level + 4h demand zone.
• If this zone doesn't hold, revisiting 5800 and potentially seeking new lows is likely.
• Every support has been flipped as resistance since 8k.
• Needs to break 6900 with strength to argue for any bullishnesspic.twitter.com/xaOWg3D49J
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Beautiful chart. Ty for your analysis.
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Really solid!
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Totally agree I don’t think we will see new lows just yet since everyone is expecting them
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That chart setup and colour theme
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He is one of the best!
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I don't look at longs or short until they're exceptionally high (close to ATH). Also, it's more important to look at the Longs/Shorts ratio instead of solely the longs or shorts. Notice that longs and shorts were almost at parity around the last two bottoms.pic.twitter.com/NYEX4EYs0Z
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Maybe first a retest of the ~6750 daily s/r after some consolidation, then another dump?
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