Bitcoin & Macro Market Analysis - May 19th

iShare Bitcoin Trust Weekly Chart.

This is the largest $BTC Spot ETF run by BlackRock. The candle bar move is very similar to that of BTC market.

The candle ended with a transitional signal again last week.

In a month ago when we confirmed this transitional signal, this market went to quite bullish.

For this time, early this week, I am thinking the candle bar will make bull breakout against the previous ATH. But, right after this move, the candle bar will go bearish.

For more detail:

Bitcoin & Macro Market Analysis - May 19th

iShare Bitcoin Trust Weekly Chart.

This is the largest $BTC Spot ETF run by BlackRock. The candle bar move is very similar to that of BTC market.

The candle ended with a transitional signal again last week.

In a month ago when we confirmed this transitional signal, this market went to quite bullish.

For this time, early this week, I am thinking the candle bar will make bull breakout against the previous ATH. But, right after this move, the candle bar will go bearish.

For more detail:
https://orblabs.ventures/108962/