#BTC/USDT is breaking every resistance, What's next?
BTC broke out of every single resistance without any retracement.
This shows how strong this uptrend is.
In this daily chart, there's no solid resistance but 28k-30k.
Lower support is around 22k , 20.7k
This is an important development in the price.
However looking into the weekly chart, BTC will face significant resistance around the 24k-
25K area.
So what's my plan?
I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside.
Alts in BTC pair will bleed when BTC pumps like this.
IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage.
NO FOMO longs though.
Wait for the red day to long.
BTC will face resistance around the 24k level once it breaks that level the target will be 30k.
This is not financial advice, DYOR.
Let me know what you think and hit the like button if you like it.
#PEACE
This shows how strong this uptrend is.
In this daily chart, there's no solid resistance but 28k-30k.
Lower support is around 22k , 20.7k
This is an important development in the price.
However looking into the weekly chart, BTC will face significant resistance around the 24k-
25K area.So what's my plan?
I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside.
Alts in BTC pair will bleed when BTC pumps like this.
IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage.
NO FOMO longs though.
Wait for the red day to long.
BTC will face resistance around the 24k level once it breaks that level the target will be 30k.
This is not financial advice, DYOR.
Let me know what you think and hit the like button if you like it.
#PEACE
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