BTC finally broke that 12k resistance area and is now looking strong into the daily cloud. I would expect a retest of the 12k zone at least once before breaking out. The retest would be the perfect time to get in before the next major run.
Note
We are now testing out a resistance from previouse tops during the BC fall. Looks good so far (1h TF)Note
Trading inside the daily cloud. This is testing our patience. Might even see another shakeout. Overall, i'm still bullish on BTC. We need to keep an eye on BTC since most crypto markets are influenced by BTC performance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.