Nothing has changed in my attitude to the
BTC
price structure.
Yes, we see a confirmed upward price structure on the weekly chart.
Yes, this is a strong argument in favor of bulls.
But
The market is striving for balance.
The market is always in search of liquidity.
There is too much such liquidity left at the bottom.
*In order not to disrupt the ascending structure, the price should collect this liquidity with a sharp squiz, without being fixed by the body of the weekly candle under the previous HL
BTC
price structure. Yes, we see a confirmed upward price structure on the weekly chart.
Yes, this is a strong argument in favor of bulls.
But
The market is striving for balance.
The market is always in search of liquidity.
There is too much such liquidity left at the bottom.
*In order not to disrupt the ascending structure, the price should collect this liquidity with a sharp squiz, without being fixed by the body of the weekly candle under the previous HL