BitcoinLong
Bitcoin - 2023 SPRING PLAN
Updated
Spring plan - on account the bottom holds over the next few months, this is how I see it developing.
- Macro reclaim of 20k gets tested over the next month(s)
- Dips into green zone are ideal entry points (zoom in on LTF for setups/invalidations)
- MACRO invalidation below 17.1k and signs of weakness in green + reaction to 20k level will be warning signs
- Pushes up past the currently swept highs - to prior lost structure from march/april 2022 at ~33k
I don't see much macro resistance in the way until 33k.
The assumption here is that the low is in, for now, and this rally will cool off before continuing up.
What do you think?
Vatsik
- Macro reclaim of 20k gets tested over the next month(s)
- Dips into green zone are ideal entry points (zoom in on LTF for setups/invalidations)
- MACRO invalidation below 17.1k and signs of weakness in green + reaction to 20k level will be warning signs
- Pushes up past the currently swept highs - to prior lost structure from march/april 2022 at ~33k
I don't see much macro resistance in the way until 33k.
The assumption here is that the low is in, for now, and this rally will cool off before continuing up.
What do you think?
Vatsik
Note
PLAN IS ON TRACK SO FAR
Vatsik
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