BTCUSD – Waiting for Daily to Join the Monthly/Weekly Uptrend

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BTCUSD – Waiting for Daily to Join the Monthly/Weekly UptrendBitcoin / U.S. dollarBITSTAMP:BTCUSDObreezy5Timeframes Used: Monthly → Weekly → Daily → 4H Current Market Condition: BTCUSD is not a valid trade according to my system rules: Monthly: Price is above the Cloud → Bullish Weekly: Price is above the Cloud → Bullish Daily: Price is below the Cloud → Not aligned (bearish/neutral) Because the Daily timeframe is not aligned, my system provides NO TRADE at the moment. ---------------------------------------------------------------------------------------------------------------- What I’m Waiting For: Key Support Levels Weekly Support: weekly support been broken and heading toward monthly timeframe Monthly Support: 74.587 This is the deeper structural support level if the market continues to correct. These levels show the overall bullish structure is intact as long as price remains above Monthly support. --------------------------------------------------------------------------------------------------------------- Summary BTCUSD maintains a higher-timeframe bullish bias, with price currently pulling back toward Monthly support (74.587) and holding above Monthly support. However, no trades are allowed until the Daily timeframe confirms the trend by reclaiming the Cloud. Once the Daily flips bullish again, I’ll be watching for the next 4H breakout opportunity.