BTC held the 44kish call for 2023, 48-50k next before pause
Good Evening/Morning!
The call for
BTC
topping around the 44k range for 2023 was GOOD!
1st trading day and #bitcoin rips higher!
How's that for coincidence, huh?
The call for #BTC being in a temp pause & in a CONTINUATION pattern was GOOD!
IMO, the next level that #Bitcoin is most likely to test is the 48k with a good possibility of hitting low 50k area.
Let's continue.......
The RSI is still trending lower and $ Flow is not that great either.
Things can change though...
Why 48-50k? Arrows show the areas of resistance.
Even after breaking above this staunch resistance area, 50kish, Bitcoin didn't trade very long above it.
More on what we think later.... Still time...
For more info visit our profile page...
The call for
BTC
topping around the 44k range for 2023 was GOOD! 1st trading day and #bitcoin rips higher!
How's that for coincidence, huh?
The call for #BTC being in a temp pause & in a CONTINUATION pattern was GOOD!
IMO, the next level that #Bitcoin is most likely to test is the 48k with a good possibility of hitting low 50k area.
Let's continue.......
The RSI is still trending lower and $ Flow is not that great either.
Things can change though...
Why 48-50k? Arrows show the areas of resistance.
Even after breaking above this staunch resistance area, 50kish, Bitcoin didn't trade very long above it.
More on what we think later.... Still time...
For more info visit our profile page...