I talked about the 2W inside bar false break out on BTC a few weeks ago... which is/was not great

Now as of today, we have an inside month just closed. Not bullish in isolation but shows that selling has subsided for now. (We also have a 3W inside bar).

So two things to watch for wrt the above: either an inside bar break out, or an inside bar false break down (wick one or two of the lows and buyers step in). This is HTF so will take some time for the candles to close. Just sharing what I'm seeing

Lots of reasons to be optimistic about BTC short term imo. Tax loss harvesting season over. Financial conditions loosening again. Long term holders back to net buyers. Until bulls prove themselves and reclaim some levels (e.g. 20DMA/50DMA), can't rule out possibility of lower of course

Whichever we get, inside month break out or an inside month false break down, they will be powerful HTF signals if they come to fruition