$BTC suddenly pulled to 86500 — do you dare to chase it?
This move came pretty suddenly. Price has already touched the 86500 area, and 87000 isn’t far off. The issue is that it’s also hitting the prior resistance right here, and the short-term indicators are a bit overheated.
Chase it, and you’re afraid you’ll buy in right at the spike high; don’t chase it, and you’re afraid it will just push straight through 87000.
If it were you, at 86500 would you chase it, or wait for a pullback? Also, I’ll place a bet with you: for BTC this time, will it break 87000 first, or will it pull back to 85000 first?
# September nonfarm tonight—rate-hike expectations are in focus $ETH
This move came pretty suddenly. Price has already touched the 86500 area, and 87000 isn’t far off. The issue is that it’s also hitting the prior resistance right here, and the short-term indicators are a bit overheated.
Chase it, and you’re afraid you’ll buy in right at the spike high; don’t chase it, and you’re afraid it will just push straight through 87000.
If it were you, at 86500 would you chase it, or wait for a pullback? Also, I’ll place a bet with you: for BTC this time, will it break 87000 first, or will it pull back to 85000 first?
# September nonfarm tonight—rate-hike expectations are in focus $ETH