Just like everyone else I've analyzed BTC over and over again for months now.
I know everyone wants the correction to be over with and we hate seeing bear scenarios, trust me I do too.
We've also been surprised quite often the last few weeks with unexpected pumps and dumps throughout the last month. Just last night we saw a market buy push the price up $300 in something like 8 minutes. It hasn't been the prettiest lately, but hell -- it is cryptocurrency, right?
I can't help but to put on my tinfoil hat and count the corrective waves as so.
We are reaching the big bad 20k resistance line.
Lets see where this goes.
Note: I do feel we are just about to get out of the bear market though and we're setting up to break all-time-highs this year.
My target stands at around $6700-$6800 currently.
Let me know what you think!
Thanks,
Dan
I know everyone wants the correction to be over with and we hate seeing bear scenarios, trust me I do too.
We've also been surprised quite often the last few weeks with unexpected pumps and dumps throughout the last month. Just last night we saw a market buy push the price up $300 in something like 8 minutes. It hasn't been the prettiest lately, but hell -- it is cryptocurrency, right?
I can't help but to put on my tinfoil hat and count the corrective waves as so.
We are reaching the big bad 20k resistance line.
Lets see where this goes.
Note: I do feel we are just about to get out of the bear market though and we're setting up to break all-time-highs this year.
My target stands at around $6700-$6800 currently.
Let me know what you think!
Thanks,
Dan