The BTC is trading the 6month in Bullish Fair Value Gap, thats why it is bullish right now.
But if it the 6month Candle Stick Fails to Close above the 6month Fair Value Gap, then we can see the Bear Market for 2024, 10more days to go to form a new 6month Candle.
Also there is a Volume Imbalance, which market has to Balance before going up.
Higher Volume Imbalance Act as Magnet in the Market.
NOTE -
Big Panic Sell might happen in BTC.
Be-careful while Investing Longterm in BTC, Market maker are taking Liquidity to Short and play Against to your Long Position.
DON'T FALL IN THERES TRAP.
But if it the 6month Candle Stick Fails to Close above the 6month Fair Value Gap, then we can see the Bear Market for 2024, 10more days to go to form a new 6month Candle.
Also there is a Volume Imbalance, which market has to Balance before going up.
Higher Volume Imbalance Act as Magnet in the Market.
NOTE -
Big Panic Sell might happen in BTC.
Be-careful while Investing Longterm in BTC, Market maker are taking Liquidity to Short and play Against to your Long Position.
DON'T FALL IN THERES TRAP.