$BTC
We had a good daily close, recovering the $87K and it looks ready for us to attack the $90K again...the next 4 hours will tell.
The EMA 50 (4h) dropped quite fast, which adds some difficulty for the bulls, as it acted as strong resistance in the last few days, let's see now...it's time for the BULLS to break it.
I know that most expect a big drop on the 18th, but WHEN EVERYONE EXPECTS, THAT'S WHEN IT DOESN'T HAPPEN kkkkkkkkk.
The fear is still high and this allows USDT dominance to remain very elevated, still above 6.10% which is where we need to go back and break that region to go lower, it's quite likely that the downward movement will take place as soon as we pass the 18th.
I hope we are at $90K by Friday, a new retest in that region would give us even better clarity and put the bulls strong again on the chart. For that, we need to hold the $87k during tomorrow, which doesn't seem difficult now.
Looks good!
We had a good daily close, recovering the $87K and it looks ready for us to attack the $90K again...the next 4 hours will tell.
The EMA 50 (4h) dropped quite fast, which adds some difficulty for the bulls, as it acted as strong resistance in the last few days, let's see now...it's time for the BULLS to break it.
I know that most expect a big drop on the 18th, but WHEN EVERYONE EXPECTS, THAT'S WHEN IT DOESN'T HAPPEN kkkkkkkkk.
The fear is still high and this allows USDT dominance to remain very elevated, still above 6.10% which is where we need to go back and break that region to go lower, it's quite likely that the downward movement will take place as soon as we pass the 18th.
I hope we are at $90K by Friday, a new retest in that region would give us even better clarity and put the bulls strong again on the chart. For that, we need to hold the $87k during tomorrow, which doesn't seem difficult now.
Looks good!
