Bitcoin has made progress today with breaking the resistance of the green triangle. And rode support before touching pretty much all the lines as it went.
I would like to say that I am bullish but there are a few different sinarios that could play out.
I am in a long at $16583 for now. Because this could be a big pump, but if comes back down I will get out and wait for the next move when it has had enough of going sideways and we really start to see it make moves.
Weekends around midnight for me here in Queensland is a good time to see some action on the chart. Especially when we are at the end of a big pattern and waiting for it to make a new support line higher or lower.
Good luck. 👍
I would like to say that I am bullish but there are a few different sinarios that could play out.
I am in a long at $16583 for now. Because this could be a big pump, but if comes back down I will get out and wait for the next move when it has had enough of going sideways and we really start to see it make moves.
Weekends around midnight for me here in Queensland is a good time to see some action on the chart. Especially when we are at the end of a big pattern and waiting for it to make a new support line higher or lower.
Good luck. 👍
