Cointelegraph really shook the market yesterday in Trump or Elon style. But the bullish move started a bit earlier so we may consider it as more or less representative for what people expect from $BTC , since rumors about 90% chance for ETF approval in January already spreaded everywhere. That's the news being priced in. In advance 😅

Anyway, I hope my followers are wise enough not to jump on long green candles. That is what I've spent years on publishing reviews here - to teach you patience and ability to wait for the right moment to enter the trade.

From TA point of view Monday candle formed a long upper wick and I believe there is a chance for price to revisit at least half of its length. Considering its not a usual wick, that rule might not work here, but still possible. Same as perspectives for #Bitcoin to go back to ~27500 - for me its the maximum price I consider entering new long.

Main levels to watch PA:

🔸 30064 - Q3 VAH

🔸 29603 - middle of Monday upper wick

🔸 28830 - July low

🔸 28210 - Q3 VWAP

🔸 27980 - dev W 20SMA

🔸 27480 - September high

#BTC 4H EMAs:

🔼 55 at 27387

🔼 233 at 27125

🔼 987 at 27180