BTC is at a highly mitigated zone (27k-32k), realistically it takes a lot of volume to pull past this zone. So the likely scenario are
1. Consolidation for some days
2. A pullback to the 22k zone (just to gain upward momentum)
3. A pump above the zone that may be caused by great positive news of prolly a new investor.
Above all, a good trader is one who...
This current candle will close in four days, then when the following weekly candle closes above it then we will be FULLY (99%) confirmed bullish and by then all the bears should have been shut but before then how can i be safe? Watch out for my next post where I will be sharing little insights as to likely scenarios and risk management.
