I think we will see a retracement to the $9400 level and after that we can see it hitting. the $9700 to 9$800 area which is plotted as Scenario 2 (S2) in the chart.
BTC is hitting the resistance again and again. Still at an indecisive moment.
MACRO Outlook: BTC Daily is still until 9$9300 is broken. 200D MA is saving. the day everytime.
WEEKLY Outlook: We will wait for the weekly close. If BTC closes above the 10k level and makes a new high above 10500 we will enter a new phase of unstoppable Bull market for the next few years.
I will post a complete update after the weekly close.
Thanks for reading.
This idea is not meant to be taken as a trading advice please DYOR before investing.
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