7d • BTC updates
BTC
And..
We just got a wick to the upside, which unfortunately signal selling pressure.
Not the most bullish short term.
One thing to note about the higher lows thing is to understand when higher lows stop being bullish
higher lows only matter if momentum supports them.
without follow through, they’re just structure.
in quiet markets, price can print higher lows simply because nobody is selling aggressively.
that’s not strength. that’s absence of pressure.
you want to see expansion after a higher low.
volume. participation. continuation.
if higher lows keep forming but price can’t reclaim key levels,
it’s a warning.
structure without momentum is fragile.
it holds until it doesn’t.
don’t assume bullish just because the pattern looks clean.
context always matters.
We need momentum and follow through.
If not the bear flag will work out.
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