B I T C O I N

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These are levels that I'll be keeping an eye on when dealing with BTC/USD, and I'll revise as price action progresses.

I adapt to the change in money flow.

Yesterday's daily engulfing pushed away from a significant range that's been supporting price along with forming a V shape which is actually cascading to the higher T.F.
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Bitcoin's P.A. hit the barrier at the high end of the curve. I'll look to see if it'll retrace to the range I mentioned on the chart.
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Price blew pass the barrier, and now above a previous weekly low.
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Daily continuation ($40967 - $41957) formed. If failed I would look to liquidity sitting below the price imbalance.
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The daily & weekly is very telling. Price action is actually cascading so what I noticed last week from the daily I'm starting to see the same thing on the weekly. Bullish sentiment. 🐻
Bitcoin (Cryptocurrency)BTCUSDCandlestick AnalysiscryptoCryptocurrencymarketstructureMultiple Time Frame AnalysispriceactionSupport and Resistancetimeframeanalysis

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