BTC price has been moving in my predictions pretty damn well. We have increasing volume as we rise up slowly and we have seemed to broke out of the big downtrend line. We are not in the clear until we have a good volume daily close above it but seems good so far. We have plenty of momentum left as well to push the price back to 12k area to test the Inverse Head Shoulder Neck line which I believe we will bounce off of to reset some indicators before making a big push to target price box. Hoping when we hit the price box BTC dominance will sit between 50~60% and will set off the ALT season where BTC dominance will retrace to 3X% while maintaining price level.
We may see some big alt sell off when BTC breaks the neckline to push for the target range so I recommend setting stop losses and buying back once we near the target BTC price.
ALSO, I would prepare stop losses for BTC itself in case the neckline push through fails and we go back down the bear trend line.
We may see some big alt sell off when BTC breaks the neckline to push for the target range so I recommend setting stop losses and buying back once we near the target BTC price.
ALSO, I would prepare stop losses for BTC itself in case the neckline push through fails and we go back down the bear trend line.