Btc is getting to that weekly retest . I always hate to say it but one need to be ready for the possibility that if btc close a little below that 42,209 on a weekly, we are likely going to see a retest down to 37k after.
I did not believed that it could get below 40k but a DT pattern i saw repeating on the lower tfs(4hr,2hr.1hr) where it couldn't get past 48k price areas like 19 times is making me to see this possibility. And when i juxtapose this with what is currently happening in the weekly, the two likely support areas (area here doesn't mean a single price point) for Btc to continue up is (42k area and that 37k area).
I really hope in Lawd crypto i am wrong about this but this is what my chart is currently saying...
I did not believed that it could get below 40k but a DT pattern i saw repeating on the lower tfs(4hr,2hr.1hr) where it couldn't get past 48k price areas like 19 times is making me to see this possibility. And when i juxtapose this with what is currently happening in the weekly, the two likely support areas (area here doesn't mean a single price point) for Btc to continue up is (42k area and that 37k area).
I really hope in Lawd crypto i am wrong about this but this is what my chart is currently saying...
