U14 • Bitcoin • Strong support buildup while futures looking...
Under 14 minutes (U14) update.
In this video, I walk through the significant bidding sitting under price down to the 20.5k and talk about what is going on with Futures and positive change in some of its data.
I revisit some of the technical levels I discussed in the previous video, which remain intact.
While we trade above 19.4k, we are still sitting in a bullish technical structure for the near term (Q1-Q2), but as I discussed in the video, I would not like to see price trading there unless some data is well aligned.
Check the video for a more well-rounded overview of the current PA.
In this video, I walk through the significant bidding sitting under price down to the 20.5k and talk about what is going on with Futures and positive change in some of its data.
I revisit some of the technical levels I discussed in the previous video, which remain intact.
While we trade above 19.4k, we are still sitting in a bullish technical structure for the near term (Q1-Q2), but as I discussed in the video, I would not like to see price trading there unless some data is well aligned.
Check the video for a more well-rounded overview of the current PA.
D7R
