I were 2 weeks on Ibiza and so much stuff happened!
BTC broke out of a massive triangel and got a pump all the way up to abt 24250 dollars!
The bulls are currently fighting for the very crucial 23k level (blue horizontal line), this resistance will decide the BTC price action in the next week.
We yesterday got a confirmed breakdown of our rising wedge (yellow rising line), but be careful, price action on the weekend is not very reliable!
We might see a big gap on the CME futures which could cause pump up to 23400 dollars to close the gap!
Market manipulation is also very high right now, so be careful, especially when we have low volume.
Tesla sold its BTC and the market took a quick dump after the announcement, but for the longterm its not that important for Bitcoin.
If we get a gap close and then get rejected from the wedge, a short all the way down to the low 19s is a good option to make some sweet gains!
Enjoy the rest of the weekend, Cheers!
BTC broke out of a massive triangel and got a pump all the way up to abt 24250 dollars!
The bulls are currently fighting for the very crucial 23k level (blue horizontal line), this resistance will decide the BTC price action in the next week.
We yesterday got a confirmed breakdown of our rising wedge (yellow rising line), but be careful, price action on the weekend is not very reliable!
We might see a big gap on the CME futures which could cause pump up to 23400 dollars to close the gap!
Market manipulation is also very high right now, so be careful, especially when we have low volume.
Tesla sold its BTC and the market took a quick dump after the announcement, but for the longterm its not that important for Bitcoin.
If we get a gap close and then get rejected from the wedge, a short all the way down to the low 19s is a good option to make some sweet gains!
Enjoy the rest of the weekend, Cheers!