- $BTC hasn't gone below 76.6K (if it goes, there'll be no stop till 40Ks) - 8+ weeks consolidation above 80K (greater the consolidation, greater the breakout) - Bad news across the board globally - Nobody is long - Everybody is calling for 50K-65K
If this weekly closes above 88500 to be precise, this orange coin will blast till the remaining January.
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I'm a perma bull here.
Reason(s):
- $BTC hasn't gone below 76.6K (if it goes, there'll be no stop till 40Ks)
- 8+ weeks consolidation above 80K (greater the consolidation, greater the breakout)
- Bad news across the board globally
- Nobody is long
- Everybody is calling for 50K-65K
If this weekly closes above 88500 to be precise, this orange coin will blast till the remaining January.