Well, BTC rejected 10k quite violently. Has regained some losses after visiting 9450 briefly.
A lot of people are saying there is more downside, but after not even touching the 200MA on the 1h, or the 50m on the 4h, I'm a little more bullish than most.
As we round the bend on the 15m cloud which will be thinning out, the 1h cloud will also be thin above us after a bearish twist later today. It's there where I think we slip through, back up to ~9700 and then start the climb back to make another attempt at 10k.
I expect this to start around today's daily close, with a spike up right before.
A lot of people are saying there is more downside, but after not even touching the 200MA on the 1h, or the 50m on the 4h, I'm a little more bullish than most.
As we round the bend on the 15m cloud which will be thinning out, the 1h cloud will also be thin above us after a bearish twist later today. It's there where I think we slip through, back up to ~9700 and then start the climb back to make another attempt at 10k.
I expect this to start around today's daily close, with a spike up right before.
Comment:
Move appears to be on schedule if we can get out of the 15m cloud either the top or side, that will be a good time.
Comment:
BTC rejected again. Back to the drawing board :D