mikehobart

Bulls will Force Push BTC thru 1200 EMA. Bet It Won't Hold -_-

COINBASE:BTCUSD   Bitcoin
As BTC approaches previous Support/Resistance @8750, the 50Fib AND the 1200 EMA things are going to be bulltastic. I say this because I am expecting the bulls to force this market like they have since the push up from our previous $6k range. I'm betting that they will punch the buys up through the 1200 EMA and multiple levels of psychological and technical resistance.

Call me crazy, but they've done it before again, and again, and again, and again.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.