$BTC continues to show muscles! After a powerful impulse from the $63,500 levels and reaching a local maximum at the $81,255 mark, the price is now stabilizing around the round level of $79,960
I expect a flat or a small retest of the lower boundaries within the next few hours, followed by an attempt to break through the $81,200+ level. A breakout through this wall can trigger a new cascade of short liquidations.
And how are you trading this move—are you waiting for a deeper pullback, or have you already flown into a long? Let me know in the comments.
#BinanceSquare #BTC
I expect a flat or a small retest of the lower boundaries within the next few hours, followed by an attempt to break through the $81,200+ level. A breakout through this wall can trigger a new cascade of short liquidations.
And how are you trading this move—are you waiting for a deeper pullback, or have you already flown into a long? Let me know in the comments.
#BinanceSquare #BTC