฿ Bitcoin BTC/USD Daily Video, December 27, 2021

[Sive Morten]

Good morning,

Pre X-mas nice performance lets us hope that BTC could continue long-term bullish tendency. Still, in short term perspective, we're not sure that it starts right now:

 

[netbusinessman]

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#BTC (4hr chart)

Currently going through a Squeeze Breakout (Shading followed by green arrow).

This is where volatility is built up and needs to release, which results in explosive price action most times.

R/R is normally good here when you set a stop just below shaded area.

 

[Sive Morten]

Currently going through a Squeeze Breakout (Shading followed by green arrow).

This is where volatility is built up and needs to release, which results in explosive price action most times.

R/R is normally good here when you set a stop just below shaded area.

It seems "squeeze" means the same as wash & rinse...