Updated

As predicted. Bitcoin on it's way to $11K?

Hello everyone,
AlphaTradeZone Team is here again with a new prediction.
As we posted in previous updates
(

Bitcoin on the way to $11k? Who is going to be rekt next?

- flat and pump to 10.5k option).
(

- squeeze option).
- we expected price to squeeze down long positions to collect liquidity, but it failed in timeline.
We said that, if it still in flat, then Long will be priority.
So, according to the plan we are longing from $9500 price and still in Long position with Sl at breakeven.
On weekends market had spinner, when slowly suppressed local resistance on 4H.
Tonight it passed it with increased breakout volume on 4H Time Frame.
We expect price top hit Bearish Orderblock at $10070-$10180.
This move will close volume gap $9700-10078 and retracement part would be finished.
But as long as we are above global support 9.4k - 10.5k target still in play.
This is trend line resistance which redjected price a lot of times and formed Descending Triangle.
So, for now our bias for short term is Long, and global bias is Bearish with targets sub 9k.

Note

Stop moved higher to $9672

Trade active

First TP hit $9846;
Sl remains the same at Breakeven.

Trade closed: target reached

Last take profit reached.
Trade closed.

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