- Held two critical milestones - 1. 200 DMA, 2. breakout level backtest at 25000.
- Now might pullback from 60 VMA, but if it continues to build above, 37000 is likely on the next leg.
- if it loses 25000, watch out as things might turn ugly not just for BTC, but overall market because whether you like if or not, BTC has been the canary in the coalmine. Anytime BTC has shown strength, equities have followed. Crypto might not be dead yet, but alive and kicking hard.
- Disclosure: No position.
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Next target 37,000 will be unlocked soon.