Bitcoin
Long

BTC - Testing $10000 or To the Moon?

131
It would seem with have struck bitcoin gold this weekend as there has been a lot of buying pressure through $10000. My initial thought was that we would be looking to react hard on the $10k as a reversal, but this did not happen. Due to the weekend buyer pressure we have had over the last 2-3 weekend, it would seem the market overreacts on the weekend, meaning we should see a pullback to 10K.

What is now becoming more apparent is that we are in a reliable bull marker, and if you are going to buy any cryptocurrency, wait for a substantial pullback to the support level.

Conclusion: There are no strong resistance points between $10-12K. If you can, I would start buying BTC below $10400. Due to the increase in volatility, I placed a larger value area on the. If there is another opportunity to buy at or below 10K....it could be your lucky day.

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"Patience is the key to any market" - Nathaniel.

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Regards

Nathaniel - "The value Trader"
Little Big Movement / IONIC Capital

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