_Arlen_
@ar1en
Bitcoin — Heading for $83-84K? 🤔 👏 I'm glad you chose #BTC in the poll! 💰 While altcoins are showing signs of reversal, they’re somewhat stalling due to the rising #BTC price. We’ll discuss altcoins and buying opportunities starting tomorrow, but we need more data first 📝 What do we know about BTC now? On the daily (1D TF), we’ve reached a new all-time high of $75,656, and the price is currently consolidating around that level. 🟢 First: The ATH breakout has caused significant compression of stop-losses on smaller timeframes (5-15m TF). 🟢 Second: We need to wait for confirmation on the 1D/1W TF to validate the range for holding SOF, as the price has cleared the 1M FH. 🟢 Third: Often, large players unload part of their positions on positive news, and only after a correction, they buy back the main volume.
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