Everything is pointing north.. there is barely any reason to think this idea will play out.
Yet my comfort level being bullish here is very slim to none.
Something big is going to happen in the next 24-48hrs. If we fall we could of likely top already at 63100, but I think there is room for 66k before falling.
So playing devils advocate and gonna watch the show,...
My overall view is turning quite bearish and we must flush/purge the greedy knobs thinking we can just keep going on every dip.
I expect a massive flush down to start sometime in April and likely roll over into May.
As for the chart above; it seems unlikely but if I was asked what to do here.. I stay out and wait for it.. or do nothing!!
Careful with btc at the moment. I am not taking any positions at the moment, this starting to feel ultra bearish here.
Will need to clear my resistance area for me to change my view... starting with 58500 then 61300