My analysis. Feel free to chime in.
Where does it go from here? Very hard to tell.
The way BTC behaves, no chart-scholars can really predict.
I've seen too many failed predictions here
so I'll just use this opportunity to set my timers.
Timers are set up. Now I'll get some sleep. :-)
What are your thoughts?
- Price broke above the 3-month moving average
- Been on a steady bullish rally and finally phasing off the excitement
- Price is now cornered by both resistance and support
- If price breaks above the green line, I feel it's head for the next resistance at $8,000
- If it fails, then it's back to reassessment.
Where does it go from here? Very hard to tell.
The way BTC behaves, no chart-scholars can really predict.
I've seen too many failed predictions here
so I'll just use this opportunity to set my timers.
Timers are set up. Now I'll get some sleep. :-)
What are your thoughts?