Higher lows and steady uptrend. Where it ends ?

Hello everyone

As we are stucked at magic 6666 at the time of writing I decided to make a little review on situation.


Bulls and Bears are about to have a fight in this zone.

I´m more for the bull scenario and increase towards 8K because of the
higher lows, solid uptrend unfinished C&H pattern, price sub miners expenses etc. (Factors and odds are playing for pump in my opinion)

but on the other hand there is a potencial of breakdown of the uptrend and in that case we could see revisit of prices at 6 down to approx. 5K (Main supports in the chart).

I would not recommend shorting or selling at these awesome prices ! I´m not joking ! Scalping is allright and shorting as well and even on leverage 3-5x but not higher and only in case you are allready skilled trader with proper setup including proper riskmoney management which I doubt you are if youre focused on charts of others and trading based on them instead of making your own plan.

This is still huge buy opportunity if we take indo consider looking at Weekly chart ! Keep that in mind when you´re switching your bias.
Based on historical data, upcoming halving and other factors



Trade it safe with a plan, hold long term, keep your yes opened and enjoy opportunities.
Cheers
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.