There’s every reason to be bullish on BTC on shorter timeframes as months of volatility compression look set to stop.
Are you also bullish on BTC?
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I’m still bullish, but I’m not holding my breath. I think it’s gonna consolidate and go quite before it starts turning bullish again.
No reason why Bitcoin couldn’t hit 30K. If it did however, than that would be a level to sell at.
There isn’t a long Bitcoin trade that I could justify taking at the moment though, even though stonks are rallying, and even though it would just take a bit of Dovishness from the Fed, to send stonks soaring higher, perhaps to new ATHs…
…all depends on the Fed and what they do.