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- Bitcoin Opens Door to Higher Values . . . . . Money Flow Will Determine Success or Not
Bitcoin Opens Door to Higher Values . . . . . Money Flow Will Determine Success or Not
Possibly the most optimistic setup in several weeks which by no means ensures success . . . . . . Money Flow still needs to win, place, and show

This Is Not Investment Advice
Potential to Establish Higher Low Locally and Avoid Another Lower High is In Play . . . . . . Let’s See How Money Flow and Accumulation/Distribution Pan Out
First - let’s take a look at exactly where the Weekly chart stands as of the time of publication here:

Let’s dig into the Daily:

On the Daily above, we go from Orange to Blue with a Higher Low and a Higher High locally - this is a distinct change from the last couple months.
Here’s the 4HR:

Not exactly a tsunami of Money Flow and Volume but nonetheless a lot of Green bars bigger than the Red ones recently.
Liquidation Heat Map - Two Week Time Frame

Observations:
Money Flow is Green on the Daily and with at least a bit of thrust upwards so far
On the Weekly there is this general, sort of “bull market trendline” it seems to be respecting with recent action making that look not so bad
Major change setting a new Higher Low and a Higher High locally
$118.3Kish, $119-$120K, $120.6Kish are there but more importantly being able to flip these into support after they reject you initially at least once
Will the Money Flow show up even more and with more aggression?
Current scenario the most plausible bullish scenario to present in several weeks, better potential setup than prior to the head fake ATH
Also entirely plausible it reverses hard from any of the levels mentioned

