Ive been looking over BTC heavily lately, Because soon I'd look to reinvest in BTC and catch a retracement & Even hopefully be the start of the BULL Push. But Depending on how price acts at the current WEEKLY Level of 19k over the next couple of days to finish the month of June will determine what's to come in the next few Months.
Looking over the MONTHLY TF Candles, and something I've noticed that happens often throughout my trading journey is a 3 Candle Sequence, And at the finish of the 3rd Candle you see some sort of Rectracement back in the opposing way. (Which we're currently in the 3rd Monthly Candle after the second strong push back to the downside) In my honest opinion i believe that's sellers are still strong in the moment, and definitely can see BTC reaching the 14K Area. And if so, that'll be the area to feel most comfortable to go ahead and Buy BTC, Let it sit, & watch it grow. This is just my personal opinion, Trade safely!
BTCUSD
Looking over the MONTHLY TF Candles, and something I've noticed that happens often throughout my trading journey is a 3 Candle Sequence, And at the finish of the 3rd Candle you see some sort of Rectracement back in the opposing way. (Which we're currently in the 3rd Monthly Candle after the second strong push back to the downside) In my honest opinion i believe that's sellers are still strong in the moment, and definitely can see BTC reaching the 14K Area. And if so, that'll be the area to feel most comfortable to go ahead and Buy BTC, Let it sit, & watch it grow. This is just my personal opinion, Trade safely!
BTCUSD