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A retracement before the BOS
A highly volatile bitcoin?
Despite this high volatility, let's go back to the basics 👍
Bitcoin has no fundamental information to drive it down, and no technical analysis in high time frames.
So, how do we find the market's direction?
In H1, the structure is quite simple. A bullish structure has been thriving for the past 2 days, so on this retracement, we need to find the zone that can make the market explode.
I have 2 buying zones. Of course, I won't be taking any positions until the market confirms itself.
Here's my analysis.
Despite this high volatility, let's go back to the basics 👍
Bitcoin has no fundamental information to drive it down, and no technical analysis in high time frames.
So, how do we find the market's direction?
In H1, the structure is quite simple. A bullish structure has been thriving for the past 2 days, so on this retracement, we need to find the zone that can make the market explode.
I have 2 buying zones. Of course, I won't be taking any positions until the market confirms itself.
Here's my analysis.
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