BTC Consolidation before ROCKETING to 18k

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys,
Is it a bearish trend or consolidation of BTC?
It is no doubt that the market is controlled by Bears, and we might see BTC will hit 8k4, even 8k2 in few days later, i think. I think the later scenario has high probability and that is a critical level since it witnessed a huge demand with big Pinbar .
I think there will be a bounce back once BTC approaching this level and Bears lose the control to Bulls, so That will be a consolidation of BTC and we might see BTC rocket after.

Otherwise, if Bull is defeated at this level, 7k7 will be a significant milestone since it is 0.618 Fibo.

Enjoy and Safe Trade, Traders!


get ready for deep decline
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out