So on the 15 minute chart BTC
has entered a clear ascending channel
after yesterdays dump. If we maintain this channel then its back to 9k on Sunday. Do I think it's realistic ? Yes. The correction was a perfect equal measured move, that landed on trendline
support. Am I bullish
for 10k ? Hmmm... I think I'll be looking to book profit before then, the bears are wounded, and when they hit back with real vengence it will be a savage 30% drop
. I'm thinking that is going to happen long before 10k is near some all big money shorters know it's the bulls main target. Trade safe and keep your stop loss in place.