Hello, WE GO ARE GOING DOWN!! . ... ok! ok! let's just calm down and look for the signals and make a careful assessment. we most likely go long here!!
So much hate and FUD has flooded the field of crypto and primarely the BTC.
We saw a fake out of the RSI that lead to this big drop, we are now looking at an ever growing aggression in the BTC movement. This is a sign of massive volatility ahead.
The RSI res-line is now being crossed bullishly and for real this time. We are now with most certainty going to see leveled movement up back to 8-9k where we are potentially going to see even further up movement to 13k levels.
Not advice, but a big warning as the media is burning BTC and condemning it to being a falling rock. Don't fall for this trap though.
All the best and please stay safe!!!
-B
So much hate and FUD has flooded the field of crypto and primarely the BTC.
We saw a fake out of the RSI that lead to this big drop, we are now looking at an ever growing aggression in the BTC movement. This is a sign of massive volatility ahead.
The RSI res-line is now being crossed bullishly and for real this time. We are now with most certainty going to see leveled movement up back to 8-9k where we are potentially going to see even further up movement to 13k levels.
Not advice, but a big warning as the media is burning BTC and condemning it to being a falling rock. Don't fall for this trap though.
All the best and please stay safe!!!
-B
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WYCKOFF:
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Still looking fresh to go up.
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Same TA still, everything going smoothly. Key resistance coming up here at 8900-7000, if we manage to tackle this with brute volume and show the horns, we will see the biggest move up since this reversal began. We are starting to eye the upper 8k to 9k, not even 10k is off limits from here. Stay tuned.
