Not financial advice. For entertainment only. DYOR.
BTC Breakout. Looking for a solid push to 17K area before any retrace.
BTC is outperforming market. Volume/Price Divergence. Overall Market unease. Fiat Creation at ATH.
These factors could send BTC parabolic into previous ATH before this move is exhausted. I expect to see huge volume behind those candles if that is the case.
With no volume confirmation, I expect a pullback to previous resistance 13.5K.
We are near our pivot. Consolodating against resistance. could see a massive blow off wick before retrace. there is enough momentum at this point that we flip SR and go for moon without a significant retrace.
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I'll be convinced that we'll retest $13.5 before we send to ATH if price breaks below 17.5K
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Here we go. Up to new ATH. WATCH FOR THE BLOW OFF TOP and Sell your kids to rebuy the dip
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We are still in a good bullish trend. Repositioning is tricky as the drops are short lived. 30K range here we come.
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BTFD... I'm not convinved this is the low. looking at the previous SR for a bounce.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.