Based on my vision of the market, I can add the following, the CoT report data reflects a slight increase in bullish sentiment, but bitcoin is weak and there is no fuel for the flight yet. BUT, it is possible to withdraw liquidity and not a significant update of the high.
Entry into positions is carried out only when a confirming pattern is formed. Dear friends, if you have any questions about the description, please write in the comments.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.