- follow up on the latest BTC analysis
- this Bitcoin breakout, so far, is rather lackluster and leaves a lot to be desired
- upon breaking an important HTF level, Bitcoin tends to explode and leave sideliners behind but this has not been the case so far
- more importantly, BTC DID NOT break out vs. the euro - something I would consider a red flag
- with 5D volatility extremely low, there is a chance of a long liquidation wipe all the way to 85k before the "real" upsurge happens
- all concerns regarding the validity of this breakout go away the moment BTC makes a higher high above 123 000
- this Bitcoin breakout, so far, is rather lackluster and leaves a lot to be desired
- upon breaking an important HTF level, Bitcoin tends to explode and leave sideliners behind but this has not been the case so far
- more importantly, BTC DID NOT break out vs. the euro - something I would consider a red flag
- with 5D volatility extremely low, there is a chance of a long liquidation wipe all the way to 85k before the "real" upsurge happens
- all concerns regarding the validity of this breakout go away the moment BTC makes a higher high above 123 000
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