COINBASE:BTCUSD Bitcoin / U.S. Dollar
Bitcoins moving up quick after i predicted we would see 28K before we saw a bigger move up to possibly 40K and that just about happened perfectly, we got the bounce a little over the 28K level and we have been pushing up since! Now what i think is likely is we could see a little breather day maybe even a slight red candle but it looks like we are ready to keep moving after that! If we can get a daily close here above the 0.5 FIB level that would be very , we aren't too far away from that where we can really rebound to the upside. Looking at the you guys might know what i am gonna say lol.. but we are getting super close to grabbing ahold of that top band where we could then really start to go for a ride to the upside, this is where my prediction for a little breather day comes from, if we can settle cool off and find footing above this 0.5 fib level we have a very good chance of getting ahold of that top , and thats why i think we are going to climb to that point! Checking out the we got a very nice cross where we are now seeing big separation in the MA's the blue is taking off from the orange, which is definitely a positive sign, also gives us some room to have that cooloff day without getting a cross! Think overall the crypto market is starting to heat up again with BTC dominance slowly falling back down we should be back to it in no time! But like i have said before i am more neutral until we cross that 40K mark, than my view is switched to and if we cross below 30k and stay under i would be bearish! Not financial advice just my opinion!