Dead Cat Bounce or the start of another parabolic number go up !
not financial or trading advice :) Publication for future reference ... never invest in a way that would keep you up at night ...
I am feeling bullish on the price action
the third out come would be more side ways ranging chop
and as the saying goes
"sideways price action is bullish price action "
every day btc was >= 10 K it was awesome
now days >= 30K are the new awesome
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Pretty sure the direction outcome will be clear by or after the next 16 "D" candle bulls and bears can fight it out over the next 10"D" 8"H"
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Would like to see the Price action get above the cyan trend line closing an 8 day above 49K Other wise time correction ... or mean reversion ... fireworks to the up side ? or drift sideways
sideways price action above the mean / basis is bullish price action
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Feeling parabolic :) potentially
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$56.53 by end of current 2 day or roll over to support
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Shake out is coming ... I believe so to are new all time highs ... Btc rewards the patient ...
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