TheChartGuys

BTC Blue Sky Insanity

COINBASE:BTCUSD   Bitcoin
Huge move for the BTC bulls overnight, signaled by a break of $11,825 highlighted in the video before the break.
Personally entered on this break, sold half +$450 move and the other half +$1,050 BTC move.
We just dropped $800 in 5 minutes showing the extreme lack of bid support when the selling pressure and stops trigger.
This is a reminder to be CAUTIOUS and look for quick dips rather than FOMO or cashing if not in a move like this.
Bulls still have full control buying the dip, and are eyeing $13,00 resistance.
Watching for the potential equilibrium pattern after that dump if we set a lower high on the recovery attempt.
Congrats bulls! Big time short term gains with this volatility.
Clearly BTC is the start of the crypto world as LTC and ETH did nothing overnight. All money went to BTC.

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