Yerrr
$BTC ABOUT TO EXPLODE
Update from yesterday's post, BTC is about to explode. Why?
My mentor taught me 'the longer and more flat the accumulation period, the more explosive the upwards move is going to be.' Think about the physics of a slingshot being pulled back. That force pulling back is the accumulation and the 'letting go' is the explosive move upwards
In this case for Bitcoin, we are not going to break $9950 lightly, it is going to be a violent move upwards probably towards $10900, because $10300 level is already 1st touched
1st touched levels are still a target, but they are weaker after being touched because the sell orders get bought out
The path is completely clear to 11k and beyond.
Bitcoin is correlated to the US stonks market whether we like it or not, and stonks have been pumping which only means that BTC might have to follow
1st TP at 10300 level
2nd TP at 10900 level