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koun_the_wolf

Zoom out on $BTC

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
koun_the_wolf  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Chart Patterns Technical Indicators Trend Analysis BTC BTCUSDT Relative Strength Index (RSI) binance BTCPERP
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Ok, time to really zoom out. The Money Flow Index (MFI) on the daily has been reset, same as with the Chaikin Money Flow. Last time we had such a reset, we continued with the second leg of this overextended bull run.

I will remain out of leveraged positions, until we have a clear bottom pattern. Trading on LTF is really tricky atm.

Potential mid term targets are $80-85k.



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