Okay, yeah a little bit of excitement there in the headline.
In this update I discuss the recent move past 9K by BTC. I also share the potential resistance points: 9,400-9,600 I'm more looking at 9,800 though.
I think as BTC approaches 10K there will be quite a few decisions on profit taking happen. I also discuss retracement potential.
For instance, what if we see a 8-12% retracement? Will the market start questioning the general theory of relativity or will there be belief we can do faster than light travel and 25K will be broken this year?
Yes, going forward I'll be adding a little more levity to some of my updates as I do take this stuff seriously but got to mix it up from time to time.
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