Bitcoin rally up so fast, it may have a trend that is beyond our expectation
$BTC/USDT (BTCUSDT.CC)$ $iShares Bitcoin Trust (IBIT.US)$ $Bitcoin (BTC.CC)$ $Coinbase (COIN.US)$
Since we starting to discuss about potential uptrend continuation & rally into new high, it's been only 1 month. Price continue to develop very bullish move as of now, I'm remaining highly positive about upcoming trending move and it may move lot faster and beyond our expectation.
But there's few criteria that it need to fulfill, firstly it must be able to hold well above 100k during this sideway move structure here. And it must now break below 95800, to show that it has very good upward momentum to rally into new high.
Be careful for those that are looking for short entry, when the trend comes in such strong way, it is very hard to change in direction unless the structure is being changed first.
Just be friend with the trend and keep holding your BTC tight, see you guys at all time high again !![]()
Since we starting to discuss about potential uptrend continuation & rally into new high, it's been only 1 month. Price continue to develop very bullish move as of now, I'm remaining highly positive about upcoming trending move and it may move lot faster and beyond our expectation.
But there's few criteria that it need to fulfill, firstly it must be able to hold well above 100k during this sideway move structure here. And it must now break below 95800, to show that it has very good upward momentum to rally into new high.
Be careful for those that are looking for short entry, when the trend comes in such strong way, it is very hard to change in direction unless the structure is being changed first.
Just be friend with the trend and keep holding your BTC tight, see you guys at all time high again !
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WhyDown : up because of $Strategy (MSTR.US)$ . they do ATM and buy Bitcoin. 500mil to 1bil+ weekly
Mr Bull and Bear OP WhyDown : that's right also ! but from my perspective just purely viewing from technical chart only