There is still allot of weakness in the market, no conviction at all, no real buying volume!! My longer term expectation is a rise towards the 12.500ish, with a max of 12.800. From these levels i will probably open a very big short position because we will probably see another big dump towards the 9K/8K levels.
There is a big chance that the market won't even be able to reach the high 12K levels, because it is really struggling. But there is just to much at stake, so i do think some important stakeholders of BTC will try to push it higher in the hope people will follow!
With enough likes/views and new followers, i will post many updates with charts of smaller day trading trades that i do.
Will drop towards the low again, my guess it will form a double bottem there
As i predicted yesterday, slowly sideways and up. It's stronger than the previous pump, but this could very well be the top, it's normally not that easy, that it turns around at this obvious point, with all those resistance lines. The 12.800 is a clear resistance, so it wont break easy.
There is still an option for it to make a big H&S with the neckline now at 12.300 and the top around 13.200,
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What about the USA shutdown? Do you have a link or something? I was wondering what caused that big rally