Hi everyone,
A few days ago I faced a pattern repeat on #bitcoin daily chart like on Jan 2020 as the market now in the same situation due to indicators I except bitcoin move in a bullish trend again as I highlighted in below chart, this migrate market to new range 10k -20k for trading because bitcoin traded a long time 3k -5k range also after that 6k — 10k and now we need a new range to magnetize new money from outside
In short term view, we may retest 96xx-94xx zone for close CME gap also a small retrace, as below chart bitcoin now on the clear move and after breakup each daily resistance retest that and go to the next level now we are on Weekly resistance, I except after small retracement it will break up to 11k and then I am wait to weekly accumulation
I hope profitable days for you, I am trying to update this post every week.
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