In my BTC analysis of this morning I was argueing a potential break out of the bearish channel. Just half a day later the break out already happened, didn't expect this! Take a look at my previous analysis.
Current outlook for the market is, at least in the near term, very bullish. 42k is the next major hurdle to take, but even that stands no chance to the massive buying of whales. After BTC will hit 42k, I'm expecting a small bearish move towards 40k-38k (tomorrow or the day after). After this small bearish correction I expect that BTC will recover a lot of its losses, targeting 50k in the next 1-2 weeks.
Happy trading!
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Appears that BTC has indeed retraced towards the channel resistance. BTC is currently seeing a bullish reversal from the 0.618 Fibonacci. Next stop: 42k
@aneal_, lol u really think elon notdump a market of 2.4 T , he affect with small percentage not 100% dont blame anyone , read history what happened before btc is bigger than him lol
Oacen
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All those btc maximalists forgot who pumped thier coin a few months ago.
THey were flaming elon 1 month now in twitter and they blame him for btc 60% drop.
They are so smart they believe that btc crashed cause elon stop accepting btc for his cars...
This huge army of apes should start doing blow jobs to elon and beg him to tweet 1 more time so btc may brake 42k ressistance.
nice work!