Only 13.5 hours to go before 2021 and BTC has yet to tap that glorious 30k mark. We will make it?
Lots of resistance at this level and the move to 30k isn't even that big.
CT is talking about 30k on 1st Jan instead which would establish an immediate range high for 2021.
ETH is always at the mercy of BTC so the same idea could play out. We retest 740 again, short, retest 700 and then we either go balls deep into Alt Season to kick off 2021 or it is delayed for a couple of weeks.
As the price action develops and 27400 holds as support, it's likely we'll retest the ATH.
In the previous period of consolidation around 24k, we saw the ATH tested once with a small short and then again with an even bigger short, before trend continuation upwards.
We could see the same thing develop here - would be great to long the Weekly Open again but making...
BTC posted a new all time high overnight but looks more like a rejection from previous all time high. We're seeing a small pullback and I'm setting ambitious price targets to capitalise on the pullback and get in on this trending move which should take us up to 30k.
Targeting places where Fib and Gann intersect.