good day investors/traders. i welcome yall to a season of good wishes. after the long wait for a breakout above the $10k reistance, #btc did a remarkable job by jumping from $9k range stright up to $11k, what a blessing almighty btc proves to be. at the moment we can find #btc ranging above $10,500 and below $11,300 and this would keep going for the next couple of days or maybe even weeks but as long as #btc doesnt fall below $10,400 priority still remains up.
from this point after several session of ranging, i am expecting #btc to break upward straight to $13k but until then, i'd suggest all long position should be close and why so, if you take a look at the weekly tf, you find that #btc price has hit is resistance, so we wait till we see a close above 10k and also before #btc could break the 10k resistance it took alot of bullish fundamental news and if this continues, then we should be expecting more upward spikes from the almihty #btc but until then do not go in on any long position atm, keep your funds safe from losing trades and stick to your plan.
from this point after several session of ranging, i am expecting #btc to break upward straight to $13k but until then, i'd suggest all long position should be close and why so, if you take a look at the weekly tf, you find that #btc price has hit is resistance, so we wait till we see a close above 10k and also before #btc could break the 10k resistance it took alot of bullish fundamental news and if this continues, then we should be expecting more upward spikes from the almihty #btc but until then do not go in on any long position atm, keep your funds safe from losing trades and stick to your plan.