BTC Bulltrap Near Term Yet Higher Highs in 3W and 4W
An update on BTC USD in the near term group of time frames (1D, 2D, 3D, 4D), the mid term group of time frames (3D, 6D, 9D, 12D), and the long term group of time frames (1W, 2W, 3W, 4W) using the Phoenix Ascending indicators and the Bad Ass Bollinger Bands, which are publicly available. Please see David Ward's publications @WykoffMode for an education on the proper interpretation of these indicators. In the near term, the price may continue to increase in the daily yet turn down in the 2D-3D. In the mid term, downward pressure is observed in the 3D, 6D, and 9D yet upward pressure is observed in the 12D. In the long term, there is potential to observe higher highs in the 3W and 4W.
This is not financial advice. I am not your financial advisor. These are my opinions.
This is not financial advice. I am not your financial advisor. These are my opinions.
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