$BTC/USD $12,000 Challenge! Market expectations are strong

Today's BTC has risen by almost 2%, challenging the breakout of $12,000 since August 17th. This $12,000 has had three recent challenges, including August 2nd and August 10th, but all have failed.

Normally, it is a market where head and shoulders are conscious, and since the resistance record at $ 12,000 has accumulated several times, it is certain that it is not a strange market to be repulsed and fall to around $ 11,200.
However, market expectations can be seen from the latest price increase. In addition to that, the golden cross of the moving average can be seen, and the development of the moving average moving from convergence to diffusion makes the current situation a sign of a big rise.

As a strategy, I would like to make a long entry at a point where I returned to around $11,800 with a rebound at $12,000 (2) and cut off at around $11,600. If it rises without returning from the current price (1), it is ideal to make a long entry while splitting at a $12,000 line break.

In the June-August 2019 market, the price that temporarily rose to $13,800 was pushed back to around $10,300 the next day. There is no doubt that there will be a large volatility rate from here. It is necessary to make a firm strategy and trade with the utmost caution, without making a long entry easily.