hi Everyone! I hope everyone is surviving these crazy markets lately. BTC has rebounded hard off this 3k level and is fast approaching this 4.5k level. Here is what to expect:
If we break this 4.5k level, expect a move to just under 6k. if we break that level, expect a much higher move to 10k, as outlined in my previous analysis.
If we retrace and go down again, look for bounce plays off of 3k and if that level holds we will confirm that it's the bottom.
At this juncture, it appears we are going to break higher.
if you follow me, you know I have laddered in from 6.5k, down to 3k.