Erase the news, erase the multiple 'fancy' indicators and look at perhaps the simplest and greatest indicator of all time, Price Action.
Right now, price action on Bitcoin suggests an 'Uptrend', or in other words, a bullish trend, to still be in tact as another Higher Low (HL) is holding here.
This suggests movement to and above the current All Time Highs at $126,230.09, prolonging this current bull cycle.
That is what price action is currently pointing towards.
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Erase the news, erase the multiple 'fancy' indicators and look at perhaps the simplest and greatest indicator of all time, Price Action.
Right now, price action on Bitcoin suggests an 'Uptrend', or in other words, a bullish trend, to still be in tact as another Higher Low (HL) is holding here.
This suggests movement to and above the current All Time Highs at $126,230.09, prolonging this current bull cycle.
That is what price action is currently pointing towards.
$BTC