What now? Moon or are we going back to test previous top 8K USD?
In 2016 we tested all the tops before we went along on our bullish trend. In April 2017 we started to shift the trend and went more bullish. When we shifted the trend around May 2017 we did not test the previous top which was around 1300 USD and chilling in the old trend.
Then after shift of trend we tested all the tops with the trend which was around 3000 usd and 5200 - 5400 USD (the actual top was 4950 in average).
In November we changed the trend again and went more bullish and tested the top of our last trend, hmm? Is this for real?
Most likely, we go up from now!
Then after shift of trend we tested all the tops with the trend which was around 3000 usd and 5200 - 5400 USD (the actual top was 4950 in average).
In November we changed the trend again and went more bullish and tested the top of our last trend, hmm? Is this for real?
Most likely, we go up from now!
Due to alts being pushed up right now in price and not BTC, I think BTC will go up slowly. The market is also telling me that there is a possibility that we test the previous top of the red line in some days again before we are heading for a new ATH. This situation reminds me of July somehow
If this does not hold and we dip too soon below 11000 USD, the market will go full ogre and high probability to 8000 USD