BTC long, don't overthink

BTC pumping atm with everything thats going on from senate bill, DXY breaking up to evergrande is fishy as hell.

I'm pretty bearish in general and convinced this wasnt the low yet for BTC.

But I'm not going to overthink it, the setup is too good.

Ascending wedge breakout attempt #1, grinding on the pitchfork downtrend channel's outer edge.

I'm not going to be greedy, taking profit at local orderblocks.

Kommentar:

Pump it

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Sit tight amigo's, we will hit it.

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There are big order blocks around 58.5k, i'd be careful holding through it. We might poke though it but i expect quite a reaction there.

Trade geschlossen: Ziel wurde erreicht:

GG WP followers!

MASSIVE WIN

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Ill update the state of BTC in another analysis. I might be looking for a short entry after breaking 58.5k for a retrace.