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$BTC, Key points in the macro/big picture
Bitcoin
$BTC, Key points in the macro/big picture
By CryptoNTez
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Updated
Aug 1, 2023
9
Jul 24, 2023
BTC
Key points in the macro/big picture:
About to test Bollinger mid band for the 3rd time since the absolute bottom (16k). Each time this has happened, #BTC bounced back up.
Ichi cloud upper line being tested for the first time since 2021. (Bullish if it retakes the upside.)
Don't fall for small corrections (even if it gets boring/slow). The path, at least for now, remains bullish.
Aug 1, 2023
Note
BTC
The latest wick on the BTC chart is retesting the Bollinger mid band - this is the 3rd time since the absolute bottom (16k).
Each time this has happened, #BTC has bounced back up.
While it's not a spot to be overly bearish, let's wait and see.
Trend Analysis
CryptoNTez
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