$BTC is finally above $95k channel resistance! We've waited long enough to get it! However, let’s be consistent and cold-minded. The basic scenario for this #move is a complacency shoulder in macro terms, just to dump to new lows later this year. This is pure TA, no news and sentiment involved. Still, we can’t rule out the turbo pump scenario, where #crypto rises like a phoenix: I drew it with dotted line. To get this #move $BTC should break $102k resistance and most importantly hold it as support! Any weakness up there and things will get ugly fast. For now, it’s simple: above $95k good, back inside the range bad/neutral. #crypto
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👩💻 #REVIEW #BITCOIN
$BTC is finally above $95k channel resistance! We've waited long enough to get it! However, let’s be consistent and cold-minded. The basic scenario for this #move is a complacency shoulder in macro terms, just to dump to new lows later this year. This is pure TA, no news and sentiment involved. Still, we can’t rule out the turbo pump scenario, where #crypto rises like a phoenix: I drew it with dotted line. To get this #move $BTC should break $102k resistance and most importantly hold it as support! Any weakness up there and things will get ugly fast. For now, it’s simple: above $95k good, back inside the range bad/neutral. #crypto