Bitcoin Price: Reaction From Demand, What Now?
In the last article we talked about that daily demand zone we were waiting for months. I remember saying that if price was going to react anywhere, it would be there.

And yes, we finally saw that strong long reaction from that demand. It is always interesting watching how clean the market can move when liquidity has already been cleared.

Now on the 4H timeframe, things get a bit more subtle. Price has just manipulated the highs above, and that kind of move can often lead to a short term retracement.

It does not mean the larger bullish narrative is gone. It only means we might see price return back to rebalance or tap into a fresher zone before continuing.
We do not have absolute certainty. The market does not owe us direction.
What we have are scenarios, probabilities, and structure. And right now, the scenario I am watching is a potential short term retracement before continuation, but always staying open to the market doing whatever it decides to do.
Stay patient. Let price come to you.
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My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I'm very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.
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