๐ $BTC Update
In one line: I'm expecting $BTC to continue higher towards the 89Kโ91K region. ๐
My Thesis:
๐๐ป We haven't reached any major higher timeframe resistance yet, so I'm staying with the momentum.
๐๐ป 83K has now flipped from resistance into support, making 90K the next major target.
๐๐ป If price pulls back and successfully retests 83K, I'll treat it as another buying opportunity.
๐๐ป Around 89Kโ91K, I'll start realizing some spot profits as it's our first major resistance. I won't consider any shorts there unless I get proper confirmation.
For now, the trend is your friend.
Cheers โค๏ธ
In one line: I'm expecting $BTC to continue higher towards the 89Kโ91K region. ๐
My Thesis:
๐๐ป We haven't reached any major higher timeframe resistance yet, so I'm staying with the momentum.
๐๐ป 83K has now flipped from resistance into support, making 90K the next major target.
๐๐ป If price pulls back and successfully retests 83K, I'll treat it as another buying opportunity.
๐๐ป Around 89Kโ91K, I'll start realizing some spot profits as it's our first major resistance. I won't consider any shorts there unless I get proper confirmation.
For now, the trend is your friend.
Cheers โค๏ธ
