$BTC Hidden Message

4. Juni 2022

There is still a bullish case for bitcoin to rise higher. The critical hidden signal we saw was on May 31st, the price hit 32k and kissed the upper envelope of the Gaussian Channel. Reaching this far is extremely positive and many traders could have missed this. I am still holding my buy position on BTC. Next I would like to see the bulls to show up and push the price up above 30,600. When this happens, then there is very high chance BTC to quickly reach 34k and continue to rise towards the blue box eventually in this up move. I will only become bearish if BTC drops below 28k level and remain below for more than 2 days in a stretch. Lets see how this could unravel.