https://www.tradingview.com/x/4VJNObpu/

#BTC 💰

The only bullish scenario is in the chart.

What do we have ?

- Managed to hold D1 300SMA and reclaim 100SMA/200EMA.
- Currently above D1 trend.

As long as D1 trend is holding we're good to go higher but with last months PA we learned to not be euphoric at pumps as we tend to retrace them a few days later.

Plan is to buy either on a reclaim of the red resistance or lower if we retrace the last pump. There's also a small gap where we can catch the price on a good timing before it goes for a breakout.

On the bearish side, we don't want to see the price going below the last wick at D1 300SMA as it may trigger a bigger dump.

https://www.tradingview.com/x/M58rk3BN/

#BTC 💰

Are we turning very bullish ?

#Bitcoin is doing the opposite of what's happening in the last months were we pump and dump during a weekend, showing a change in behaviour and a possible new trend starting to form.
This time we got the pump and also the continuation after the weekly close.

Could be just a trap but at the moment there's no reason to be bullish especially with price flipping the POC the Mid Range and the Red Resistance mentioned yesterday.

Should you get euphoric ? No ! Should you panic buy ? Not really..
The only day you won't miss is the day were ATH's will be broken again, until then keep in your mind that every pump can be retraced.

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