it's still possible that we could see another trap towards 8.5k (just below the weekly SMA 20) but I would also consider it could go much higher than I expect (unlikely). main supports where BTC should bounce by 10/35% are: a)5k~ b)3k~ 3)1.8k~ d)1.2k as final bottom.
this is what I think right now, then btc shouldn't reach the new ATH until it will hit at least 3k or so.
this is what I think right now, then btc shouldn't reach the new ATH until it will hit at least 3k or so.
Comment:
what comes next?
what comes next?
Comment:
if we didn't break 6850 in few hours/days I expect 4500-5000.
Weekly 50MA is acting as resistance like in 2014, let's see if it breaks it.