Approaching ATHs and I think most are rooting for the old dog.
- The previous ATH ended on a monthly long legged doji - often means indecision and why I've been expecting a revisit to ATHs at least. Whilst diminished liquidity here can push price up to the bullflag target of $70k - here we may see a retest to the previous ATH.
- Sticking with my LOG chart for now and the $100k psychological barrier seems to be reachable in 3 weeks / 19th November and beginning of December with a blow-off top
-- folk on the sidelines get on board at the ATH break.
-- run the final leg of EWT Wave 5
-- expecting profit taking if $100k is achieved, after that we are into price discovery mode.
Counter trend - Expecting limited resistance but rejection at the ATH would be.. detrimental and a revisit to the $32k area.
Good Luck BTC, Hard Forky
- The previous ATH ended on a monthly long legged doji - often means indecision and why I've been expecting a revisit to ATHs at least. Whilst diminished liquidity here can push price up to the bullflag target of $70k - here we may see a retest to the previous ATH.
- Sticking with my LOG chart for now and the $100k psychological barrier seems to be reachable in 3 weeks / 19th November and beginning of December with a blow-off top
-- folk on the sidelines get on board at the ATH break.
-- run the final leg of EWT Wave 5
-- expecting profit taking if $100k is achieved, after that we are into price discovery mode.
Counter trend - Expecting limited resistance but rejection at the ATH would be.. detrimental and a revisit to the $32k area.
Good Luck BTC, Hard Forky
Comment:
boom
Comment:
ETH holding up the party
