BTC Bulls Do Not Want To See This Fail.

20 Mar 2023

Bearish structure setting up once again in this rising wedge. Good risk reward setup
On the break.

22 Mar 2023

Not

Trade has not triggered yet

22 Mar 2023

Not

BINGO!

24 Mar 2023

Not

New BTC Update here. Not looking good longer term

5 Nis 2023

Not

Nothing has changed

11 Nis 2023

Not

Update BTC despite the move up it is even more bearish looking as it grinds higher. This is not typical BTC behavior in the sense in the past it breaks out and keeps running. Alternatively, if we were to look at it as a "normal" asset class what we would like to see is a pullback followed by a push higher. Not a grind-up.

The only bullish scenario I see is a super old fashion BTC thrust-up move-breaking structure to the upside. Not likely.