Bitcoin has been slowly grinding up after the stimulus news dump this week. Lots of people short from 10.9-10.8k still. The dumps have been getting bought back up quickly in the past week. We have been painting higher lows and lower highs for a while forming the pennant (with longer term uptrend and shorter term downtrends) and with prices barely ranging here - Buyers at 10.4k+ and sellers at 10.8k ish and price ranging in between - there will be a big squeeze soon to liquidate one side and this will paint the next move.
Likely will be a pretty big move up or down. Upwards targets of $11,150 - $11,400
Downwards to $10,000 and lower.
Likely will be a pretty big move up or down. Upwards targets of $11,150 - $11,400
Downwards to $10,000 and lower.
