We've actually i don't even see i don't even think that we've actually broken officially that 58 region this is even a chain of behavior from that perspective as well which we'll have to look at the actual chart itself fear and greed index actually literally steady at 75 which is a little bit strange i'm curious what the data tab says is there anything of interest right here
I want to take a look at the global funny rate nope still relatively low uh fear and greed index is flat as a fucking door and i think it's time to go in the actual price action charts right here so starting off with our let's actually go over here oh no we're already there on stamp nice bitcoin did a pretty nice weekly close yesterday night at 8pm eastern time clearly above let's go to this chart right here clearly above or or within the liquid zone that bitcoin's been getting sold off from for the last three years since january 2018.
Once again it maintains that level to speak and this is again looking or at least the way that i look at that at this is that we are seeing a macro change of behavior here this is the same area again that we've been getting rejects from ever since january 2018 again almost three years long and being able to maintain above these with closures especially even when last week did try did actually is you know is is is going to suggest that the path of least resistance here
Maybe not the pathways resistance but bitcoin is very likely to give a legitimate try to the upside here over these next few weeks again assuming that today's monthly does close relatively healthy as well but i'd be you know we'll look at it in a second but i kind of spilled the beans right now if bitcoin closes here or higher i'm looking for this run to make new highs on it and as you can see here on the macro there are a few other areas of interest you know bitcoin does break the range with any sort of a weekly closure above 12 000
I would be looking for an overall move towards 13 and a half thousand probably not the same day you know over time very likely yes let me just make sure i'm recording i am recording the microphones working that's good might even make this video a little bit shorter today too if i can anyways um you know while you know while that's all going on