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2026-05-04 14:43:45

$BTC 1D Money Printer Formation 👀

$BTC is in the middle of completing the 1D money printer formation.
The money printer formation happens after a retracement to the downside.
Notice how all the moving averages gather tightly with price action while the yellow 200MA is gapped above?
The algorithm will normally pull price action up to fill the gap between the yellow 200MA.
This is exactly whats happening here.
The 1D 200MA is at $83,584.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

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