I'm seeing higher lows on declining volume with negative funding rates (I'm expecting a volume spike in the coming week or so). With the fake news involving Trump's diagnosis with the holocough I'm expecting the S&P500 to continue upwards with bitcoin following. I see this as an easy call but of course I could be wrong... This is not financial advise.
Comment:
On a bullish move like this, the top ends up building up to an increasingly positive funding rate. Based on how slow this is happening after such a big move I believe we will easily hit 14k. Again, this is not financial advice.
Comment:
I believe this is just the beginning of a large uptrend. At this point, I don't expect the 14k area to cause anything more than a minor correction.