BTC is in a descending triangle. There is not much to do here besides playing the ranges between support and resistance as we approach the triangle apex when BTC will decide where its headed next.
The market as a whole looks very bullish, however, don't be surprised to have some cooldown to 16k as indicators on daily and above are bearish. The corrections we had to date were shallow and dips were immediately bought = this is bullish, however we may need a deeper correction for us to push higher and wave goodbye to the ATH.
Expect some big price action later in December.
The market as a whole looks very bullish, however, don't be surprised to have some cooldown to 16k as indicators on daily and above are bearish. The corrections we had to date were shallow and dips were immediately bought = this is bullish, however we may need a deeper correction for us to push higher and wave goodbye to the ATH.
Expect some big price action later in December.
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