Bitcoin Weekly Breakdown : Another Run?

BTC/USD COINBASE:BTCUSD

GenesisGo

Hello,

We will entertain the idea of another Bitcoin push towards higher levels as weekly candles are closing strong bullish . However, during these times strong catalysts can change price direction at any moment. It’s best to focus on day/intraday trading rather than long-term swing trading during these times. Refer to our last chart for those trades.

You can see we are creating a similar price structure that occurred during July – August 2021.

Enjoy!

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