Betting on BTC
Willing to bet a donut hole that we are going to leave on the upper side. 4h looks slightly bullish , with the triangle exit yet to be determined. We are slowly pushing above kumo cloud , and we haven’t done this since the 4th of May and we failed back then.
So , some things to keep in mind:
– 1 We will exit the current triangle soon with a big move
– Volume is low due to Week end and the formation pattern but after small volume comes .. big volume
– We re slowly pushing above kumo but the last attempt was a fail.
– Possible liquidity grab at 28625
Can’t really project anything more than intraday and that is on altcoins, for BTC we will need to wait tomorrows stock opening . Ah and yes, a word on that. As you may well know we are highly correlated with the main stock indices that are traded and CBOE and NYSE , theerfore we will look at the pre-market momentum and act a bit after the opening in order to eliminate fake moves.
If this chart is right , we will break the triangle around 6 AM tomorrow GMT+2
Fun fact: Weather influences trade decisions , there is a 60% correlation between weather and the stock market, and while it aint much , it’s another «metric « that can help you predict NYSE and CBOE openings.

