After 4-5 attempts to break upwards, yesterday it finally managed to surpass EMA200 H4, while also closing the daily candle above EMA34. Today, if it successfully tests again, the chances of further increases are high.

The price is trending upwards to sweep the Short liquidity as viewed in previous posts; currently, within the range of 10k, the Long liquidity is about 7B$, and the Short liquidity is about 11.9B$.

Bitcoin has been moving in the price range of 90-108k for over 3 months; the market has cooled down and even turned pessimistic as most altcoins hit their lows, breaking below them. As long as it continues to rise here, altcoins could follow a positive scenario, retracing and breaking upwards around the end of February to the beginning of March. After that, there will likely be a pullback, retest, sweep liquidity, hover for a while, and then pump in the following months will be beautiful 😁

The post I shared this morning in the channel has shown signs of a successful retest and continues to rise. Follow me for the earliest market updates & signals at tradecoinsignalsvn (free)

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