BTC quick analysis (update to previous idea). $10,000 is coming.
Updated
This is an update related to last BTC analysis (see below). Everything has being gone as predicted.
There are no strong resistances for BTC 'till 10k. Rebuy zone for the latecomers is $9050 - $9150 zone.
Supports/resistances are as shown in chart.
There are no strong resistances for BTC 'till 10k. Rebuy zone for the latecomers is $9050 - $9150 zone.
Supports/resistances are as shown in chart.
Note
Whole market seems to be frozen, due to the uncertainty of BTC movement. BTC has some struggling to break first local resistance at around $9,400. BTC is still holding uptrend on daily timeframe and the $9,000 support, which means BTC has entered accumulation phase before next jump. I am still bullish for BTC, but this time is not good time for trade, especially altcoin. We need to wait for clearer BTC movement before making any decision.Trade closed: target reached
BTC runs correctly to this analysis.This analysis come to an end, new analysis related to BTC move will be posted.
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