Hello, Hello, Hello,
And welcome back, to Bitcoin Beats.
Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here".
So I hope you're all having a great day, we have evidence here that we are more bullish as we haven't even wicked over that resistance line since $14,000 so there is hope and I am still very bullish to get to the next area upwards but this is still a rejection and we could head down from here in the short and medium term. For continuation upwards we need to either consolidate this area or bounce hard from $8500.
Thanks and Goodbye, From Bitcoin Beats
And welcome back, to Bitcoin Beats.
Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here".
So I hope you're all having a great day, we have evidence here that we are more bullish as we haven't even wicked over that resistance line since $14,000 so there is hope and I am still very bullish to get to the next area upwards but this is still a rejection and we could head down from here in the short and medium term. For continuation upwards we need to either consolidate this area or bounce hard from $8500.
Thanks and Goodbye, From Bitcoin Beats