1. Break resistance, shoot up and set a new ATH .
2. Break support and crash to find a new base around $50k.
My bias? . This is because despite any concerns from some traders, the market remains extremely and interest in BTC has been going up. This is reflected by the indicators as well. On 4h and daily we're turning quite despite the dump we had yesterday.
Moreover, this daily candle appears to engulf the previous red candle... this is VERY as well (i.e. candle). So price action and indicators lean . Yesterday may have been a simple shakeout of weak hands. Did you sell? Too bad. You were early, just like those guys that sold at $14k saying the top is in. I stopped reading crypto Reddit at that time, never missed it since.
Enjoy the ride and we should get some fireworks soon in price action. Get ready!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!