฿ Bitcoin BTC/USD Daily Video, February 07, 2022

Sive Morten

Special Consultant to the FPA
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18,699
Good morning,

The recent BTC rally stands mostly due to USD weakness and the major test still stands ahead around the 44-46K area. In short term, we expect the pullback to 40-40.5K and upward continuation to 45.25K area then:

 
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$BTC Weekly looks pretty good for a mid-range retest ($46k) here If we get a flush I'll get on board for it if not I'll just do something else with my life. Not expecting much to change from an HTF perspective, but it's nice to see strength for the first time since $70k.

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