$BTC HTF scenario too good to be true?
The uptrend for Bitcoin looks very obvious on the higher timeframes.
Trends that are a little "too obvious" often get swept to grab liquidity before making the real move.
Lots of retail traders probably have their stop-losses beneath the ~$74,400 low.
Imo, the perfect scenario would be to sweep that low, really accumulate for a bit beneath it to give "smart money" the time to accumulate, and then reverse.
All eyes are on the U.S. open tomorrow. 👀
BTC
78,941.68
+2.10%