Bitcoin is setting up to reclaim 10k.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hey hey everybody!
Today I want to share this amazing moment of my life! I'm so excited, so happy! .. k.. I'll stop.

Anyway we are close to challenging a big resistance level . This level you can draw all the way from the 17k top. We bumped it 2 times already and we are setting up for a third try.
If you look at the MACD you can see that it is doing weird squeezy stuff. This kind of suspicious behaviour is highly disturbing and usually breaks to the upside. It's kinda hard to tell exactly how long this madness will go on. But I gave you an idea on how this can play out with my green arrows.

I bet you are all bored after hitting 9.3k for the 5th time this week. Well I think we are ready to move on.

Please remmember that this is just a scenario. Do your own research and never put your fate into one trader.
Humans make mistakes!

If you like this idea think about giving it a thumbs up

Hi Vincent, here is what could happen when 10k mark was passed, as I identified an important inv. h&s in completion stage:

What you think
+1 Reply
@kaskassa, Hmm I'm not sure as it looks more like a round bottom to me then an Inverse H&S. But you could be right I guess we find out soon!
+1 Reply
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