Michael Saylor bought the top of the wedge on a fake out breakout. He doesnt care though because he is dollar cost averaging.
For us traders, confirmation is more important before entering a position. Still on track for the 46000 area as we consolidate lower. Looking for a break up or down within the next day.
There is a lot of reason to believe this will be where we bounce up to new highs due to the wedge ending at a long term trend line and key fib level of 61.8%.
For us traders, confirmation is more important before entering a position. Still on track for the 46000 area as we consolidate lower. Looking for a break up or down within the next day.
There is a lot of reason to believe this will be where we bounce up to new highs due to the wedge ending at a long term trend line and key fib level of 61.8%.
Trading:
Phemex: Referral Code= EC7RK2
Bybit: Referral Code= 47YY0
Kucoin: Referral Code= 1syh4
Savings:
Nexo: nexo.io/ref/vapxz4xm8x?src=ios-link
BlockFi: Referral Code= 88fda124
Phemex: Referral Code= EC7RK2
Bybit: Referral Code= 47YY0
Kucoin: Referral Code= 1syh4
Savings:
Nexo: nexo.io/ref/vapxz4xm8x?src=ios-link
BlockFi: Referral Code= 88fda124