Quick #Bitcoin price update:

#BTC broke the $90,672 level which was the last line in the sand for the bull scenario to remain probable. With this level broken and even if we bounce from here, I give the bull path under 10% chance of playing out. The bear path likelihood is now at 80%. There probably won’t be much to update on the high time frame moving forward as I don’t see a strong alternative to a multi years sideway consolidation for now (unless we reach the grayed out box). If I keep on doing those updates, it will probably be to zoom in on the lower time frame.

#Trading #Tradestr

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