This obviously isn't a technical analysis, but an example of what a blow-off would look like if it is indeed what we are going to experience (and i strongly believe we are). We know that bitcoin is a speculative bubble, we know what a speculative bubble blow-off look like, we know that a bubble that takes 10 years to appear can blow-off in just a few...
We just hit the support, might bounce to 11K
Buy when everyone is desperate, sell when it's all green & flowers, this one will make no exception to the rule :)
Just a very basic & neutral analysis on the major TA indicators.
Very strong resistance here, but not enough to hold the beast anymore, prepare for a huge bullrun with massive fomo very soon
Target may be a little over the top, but i would say 1500+ is a safe bet for the next days (tommorow ?), huge bullish run incoming, may not break the ATH tho IMO (Yet)
We may see a triangle before going past 1300 again and reaching for the next LONG target (1400-1500)
This TA speek for itself