Bitcoin (BTC) • Wow here we go!

Hi everyone. Thanks for your support and engagement in my last video (link below if you didn't check it).

I thank mods for the "Editors-Pick" selection.

So we break the 17.1 very fast toward the 20k target range. Next, up target site is between 23-25k. and possibly retrace here into that 19.4 region and another minor but more aggressive/less likely pullback target is also pointed out in the video.

Funding rates have risen very fast as bullish sentiment spreads across the board. that is why perhaps there is a good chance to see a small pullback to wash some overleveraged longs or get sideways to funding tax those positions every 8h.


Futures are all majority in contango (except Bitmex) and coinbase books show a wide range of liquidity available up to 40k (the roman pavement). In the video, I go through it near the end.

I also hypothesize about a possible macro bear scenario. Be aware that I have no clue what will happen. As discussed in the video I am not very convinced the bottom is in and we can indeed have a substantial rally here before more pain leads into next year.

As of now, my long-term opinion is irrelevant because technically speaking things are looking good for more upside.