Should go up to potentially 11k in the next weeks before hitting _real_ resistance. Expect bounce downward from yellow trendline.
Comment:
If yellow trendline is broken to the upside, we're again in a real bull run. Next big resistance by then is 14k. After that BTC is facing it's biggest resistance of about 20k, as it is it's all time high. Let's see where the next 1.5 years brings us. No one knows...
Comment:
So we broke the resistance validated it. 10500 is now support. tested 11500 once. strong resistance here. consolidating right now under 11000. if 11500 breaks in the next test or the test after that, we are in for a treat. 14k next and after that there is not much resistance until ATH. this is the bullish case of course.
bearish case: we make another lower high at 11500 on the weekly. further consolidation on the weekly chart ahead.
let's see where this brings us.
bearish case: we make another lower high at 11500 on the weekly. further consolidation on the weekly chart ahead.
let's see where this brings us.