$BTC - all time high update: Most trending moves arise from...
Luckshury@Luckshuryy
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Apr 23, 2025
~1 min read
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$BTC - all time high update:
Most trending moves arise from positions closing or being squeezed, rather than new positions opening. Therefore, this ongoing squeeze of shorts, in my view, still looks bullish.
Whilst holding above anchored vwap from initial impulse, everything still points to the upside at least both medium & higher TF's.
No, i am not buying up here, though any dips towards 75-78k can offer decent intra day positions from the right level.
I am bullish, but still must remain sensible in thinking as if any key support is lost I must flip that bias to at least look for a MTF range to form.
Most trending moves arise from positions closing or being squeezed, rather than new positions opening. Therefore, this ongoing squeeze of shorts, in my view, still looks bullish.
Whilst holding above anchored vwap from initial impulse, everything still points to the upside at least both medium & higher TF's.
No, i am not buying up here, though any dips towards 75-78k can offer decent intra day positions from the right level.
I am bullish, but still must remain sensible in thinking as if any key support is lost I must flip that bias to at least look for a MTF range to form.