TradingView
BitmexDegen
Nov 19, 2020 4:52 PM

One last leg for Btc Long

Bitcoin / TetherUSBinance

Description

A lot of people called 18.4k as local top and are likely going to be proven wrong very soon. Btc has one more leg to go imo and looking to start scaling out of long above 19k.

There's no signs of any real weakness on daily and bullish momentum is intact. We could either front run ATH or overshoot a bit before Btc dominance breaks and money starts flowing back into alts.

Expansion of BB is a super bullish sign on daily. We're just at the beginning of nice ride up thru 2021.

Comment

So as expected the previous top was taken out. Currently looking for 19.5 area which is massive resistance.

It might overshoot a bit but chances are we gonna see a major correction before ATH
More