Food for thoughts 04-06
We're back in the symmetrical triangle after a break(fake)-out. Didn't look very convincing, with a lack of volume. An other possible reason to fuel the selling mentality was a cryptic tweet of mister Elon With Bitcoin and a broken heart.
What will we get during the weekend? A breakout of a breakdown? We need a bounce from the 36K area, otherwise we will revisit 33K (or even 30K). If we break-out again, I would love to see some force and volume. If 41K breaks, 43K is our next target, but I would be suprised if we regain 43K.
I bought back some BTC at 33K and I have a sell order at 42.6K.
What will we get during the weekend? A breakout of a breakdown? We need a bounce from the 36K area, otherwise we will revisit 33K (or even 30K). If we break-out again, I would love to see some force and volume. If 41K breaks, 43K is our next target, but I would be suprised if we regain 43K.
I bought back some BTC at 33K and I have a sell order at 42.6K.
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