ALRIGHT KIDS ,
Heres the game plan , If and Only if BTC holds this level , we will confirm thef Covid rally correction from 3800-10400. we will breakout from this immediate down trend. The technical mission bulls need to complete to prepare for next years mega moon rally is create a higher high on weekly timef rame anywhere between 10.9 and 13k is welcome(...
Alright kids ,
Here is the dream scenario, bitcoin currently is going to test the major downtrend line of resistance from 13.8k and the 2019 rally trend line that is currently presiding over the 10k - 9.6k region. The ultimate dream scenario that can take us to all time high and make a generational long opportunity is if the following plays out.
1. if we...
I highlighted similarities in candle countdown and resistances from 2018 , and it looks like we are forming a bottom within this region with 11k as resistance , we will rally high enough to make 10500 our support eventually , so a target of 17k with a blow off top somewhere above previous all time highs is the program of next year .
good luck everyone
Might be seeing our first rally from the infamous 6500 support , i highlighted similarities with 2017s , the macd and rsi and very similar aorund this price range and suggetsing a rally before drilling for a new 2020 bottom. Happy Holidays !