Now, after several attempts to break levels and succeeding to do so,
we are approaching second time to the main 11700$.
That is the point which can't be crossed in a single breathe.
As pushes towards 11700$, will experience huge pressure on that level, therefore, 11.700$ is mathematically justified peak.
Bitcoin will behave like " BTC attempts to make higher high and drop " then rebound from 9300$ range.
We've seen nice reaction of support levels, starting from 5200$ onwards time has come for bigger more significant correction in range 30%.
Walls aren't spoofed, price action went parabolic, but will experience declination.
However, now, we are in very specific and non optimistic Bitcoin scenario (temporary strong ), then further push which will trigger alts and allow them to grow.
Technically everything described above is justified and not just wishful thinking.
We do need reaction of 8500-8800 in order for Bitcoin to " measure" the "channel".
Good luck and happy .
Everyone fallowing my trade knows that i don't provide disclaimer since i'm not fake.
Things do delay, but they always manifest as forseen.
Happy trading and press follow/like if you agree with an idea.
Bear that on mind.
You ll need it for rebuy.
Good luck guys.
Trade closed: target reached
I ll make new TA regarding BTC.
You are welcome buddy.
Happy to help.
You are welcome miss Nagat :)
Totally agree buddy.