Bitcoin. Coming in for a "breakout, retest, rebound" opportunity. Right along the 55-day EMA. A further dip into the 100-day EMA would still be valid. Either way, there's a lot of confluence. None of this price action is indicative of a bearish reversal. At least not yet.
It's almost like I scripted the entire price action. How? Because I understand what bullish price structure looks like. And because I understand that we're in a bullish environment. It's really that simple, folks. Imagine fading Cubic Analytics.
Caleb Franzen
Caleb Franzen8.7.2025
When does the breakout happen? I don't know. But this overall structure is my base case. Breakout, retest, rebound.
There are 2 scenarios for max pain from here: 1. We don't fully retest the zone & rip higher from here, leaving the investors sidelined as they wait for this retest. 2. We "fail" to produce a clean BRR setup, fall below the range, everyone gets bearish on the breakdown, then rip.
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