#BTCUPDATE - 10.6.21
#BTCUPDATE - 10.6.21
Looking very bullish on BTC now - the USA is waking up with a lot of buying pressure struggling on the 38k resistance atm - although I think that should break with continued buying pressure across the US.
I feel we will see 40k in the next 48 hours - this is a MAJOR resistance and has completely crushed BTC a couple of times already - flipping that will put us on track to 45k. I am expecting a strong first rejection at 40k.
Not a formal trade but once 38k is broken I will be longing to 40k and then shorting from 40k to conservatively to
39K, maybe 38k for some small profits along the way. Breaking 40k then I will be longing to 45k not breaking it then we will see where is settles - as it may consolidate and range for a while - which offers no "certain" direction
Looking very bullish on BTC now - the USA is waking up with a lot of buying pressure struggling on the 38k resistance atm - although I think that should break with continued buying pressure across the US.
I feel we will see 40k in the next 48 hours - this is a MAJOR resistance and has completely crushed BTC a couple of times already - flipping that will put us on track to 45k. I am expecting a strong first rejection at 40k.
Not a formal trade but once 38k is broken I will be longing to 40k and then shorting from 40k to conservatively to
39K, maybe 38k for some small profits along the way. Breaking 40k then I will be longing to 45k not breaking it then we will see where is settles - as it may consolidate and range for a while - which offers no "certain" direction
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