Bitcoin, oh Bitcoin. Why are we waiting!

١٢ يوليو ٢٠٢٣

Bitcoin has been stuck in this consolidation area now for a while. it may well stay here for a few more week, but if we do get a move in either direction, one BUY nad one SELL level. the BUY level is a more risky one and not an automatic order. price might spike down to clear out the LONGS or just pause for a continuation down move. either way expect 4:1 risk reward here. Alternatively if price can break out of this pattern and move higher a 4:1 risk reward bounce at this higher level. I would expect price to get to 34K but with this level causing price to move back to the previous breakout. Well lets see if this thing can do something.