🆕 BTC/USD [8H] 💫
Scenario 1 & 2 are the likely options available for BTC.
For now we are still leaning towards scenario 2, however if the bulls continue and we make a new weekly high then things are favoring Scenario 1 a lot more.
All in all, you don't have to guess, it's about setting confirmation targets. If we dive under the weekly low, then simply wait. If we surge above the weekly high, then it's time to shine.
Don't trade in the middle!
We will continue to monitor.
