BTC has been in uptrend for the past 10 days now and I am seeing an imminent correction back to at least to test the 100 and 200D EMA or even the 50D EMA. Also, there has been news building around the regulation for crypto and seeing Binance wrapping up the derivatives mkt for few countries in the Europe.
TLDR; Pull back to 34-36k, sweeping liquidity around that zone and then break 42.5k convincingly, going to 45k and then pull back to 43 or 42.5k and then going to 49k in the mid term. 49k could be achieved by September end.
TLDR; Pull back to 34-36k, sweeping liquidity around that zone and then break 42.5k convincingly, going to 45k and then pull back to 43 or 42.5k and then going to 49k in the mid term. 49k could be achieved by September end.