Bitcoin holds above $12,967 and possibly bounces back on the line and makes movements towards $13,874. Right now indicators in the short term and even medium-term are indicating some positive movement so we can only hope for the best. Keeping my eyes on this key to see if we can hold this for a few hours or even the night.
If we don't hold $12,967 we can expect to see some correction. While indicators are looking positive, it looks like we can be making a reversal pretty soon on the short run. Correction is very realistic at this point as we have had some serious positive movement today and yesterday, of which I can see us correcting slightly to $12,650-12,800 and possibly see us moving sideways tomorrow. After that, I think we will again retest that key $12,967 level and attempt to break higher and aim for the target in scenario 1.
In general, things are still looking great - even if we do correct it is healthy and I think we are still on track to break that recent peak of $13,874. Let's all hope for the best and trade safely!
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