Guys, until tomorrow morning around 07:00 WIB the market is likely still going to be volatile because it’s determining the closing position.
Even if later it manages to close above $82,600, don’t immediately expect the price to just keep flying without any correction.
After a breakout and confirmation, a retrace is normal. The market often comes back to test the breakout area first before deciding on the next move.
So if suddenly there’s a pullback, it doesn’t necessarily mean the setup has failed.
The scenario could change if a new, strong enough sentiment appears that gives the market an additional boost.
In short: don’t FOMO just because you see a breakout. $BTC
Even if later it manages to close above $82,600, don’t immediately expect the price to just keep flying without any correction.
After a breakout and confirmation, a retrace is normal. The market often comes back to test the breakout area first before deciding on the next move.
So if suddenly there’s a pullback, it doesn’t necessarily mean the setup has failed.
The scenario could change if a new, strong enough sentiment appears that gives the market an additional boost.
In short: don’t FOMO just because you see a breakout. $BTC