BTC Long Term Idea
On the higher timeframe, price is failing to maintain and close above 100k.
We have seen significant pushes from the start of the election in 2024 to inauguration day.
Across the board we have seen bitcoin, alt coins and the crypto market push to new highs due to our first ever crypto supportive/positive presidency.
Before making new highs, revisiting 80,000 USD to 74,000 USD area would be ideal. If we can find support in that area, preferably a weekly closure respecting the highlighted region, that would further my interest in future buys.
We have seen significant pushes from the start of the election in 2024 to inauguration day.
Across the board we have seen bitcoin, alt coins and the crypto market push to new highs due to our first ever crypto supportive/positive presidency.
Before making new highs, revisiting 80,000 USD to 74,000 USD area would be ideal. If we can find support in that area, preferably a weekly closure respecting the highlighted region, that would further my interest in future buys.
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