Were at this level of prior breakdown acting as resistance... We have made a lot of ground breaking through the Triangle of 5 month Prison Sentance. This level will probably be the best last time that you want to to enter BTC for a swing trade. Most of the good opportunities have passed. We can see how little pullbacks were afforded the indecisive bulls. I actually caught each pullback (shoulder, head, shoulder) very nicely even the scary drop, and you could have too if you saw my analysis predicting that the aggressive sell off was just so that we could form a right shoulder. Anyway, if you're fomoing on BTC then you have to set up a strategy. And Pull the trigger after a breakout on volume. 7751 would be an aggressive entry so you could give it a little more room if you prefer.
We are nearing the target of our month long Inv H&S but that doesn't mean that we will hit it, although were almost there. Also, that doesn't mean that we will reverse to the downside either once we do get to its target at 7930. BTC is proving extremely strong and although you may have loyalty to different coins it is best to stick with strength. We can see that many people are doing this as ETH, BCH, and most alts are being drained. There is only so much market cap that is still in the Crypto Market at this point. I would say that getting up to 350M might be tops until we get past 10k. Until then, the money will be moved around between BTC, Coinbase 4, and Alts. Right now obv its BTC because of the pending ETF decisions.
We are nearing the target of our month long Inv H&S but that doesn't mean that we will hit it, although were almost there. Also, that doesn't mean that we will reverse to the downside either once we do get to its target at 7930. BTC is proving extremely strong and although you may have loyalty to different coins it is best to stick with strength. We can see that many people are doing this as ETH, BCH, and most alts are being drained. There is only so much market cap that is still in the Crypto Market at this point. I would say that getting up to 350M might be tops until we get past 10k. Until then, the money will be moved around between BTC, Coinbase 4, and Alts. Right now obv its BTC because of the pending ETF decisions.
