The weekend was quite predictable in terms of prices, especially for #BTC .
The price is again testing the $87K region, and next week looks very interesting, since we could target $90K if BUYERS are able to hold $85.3K as the new support.
A lot of interest is building around $90K for buyers. There, many SHORT positions will be forced to close, giving us more fuel to keep moving higher.
It’s true that we also saw a big LONG leverage from retail coming in today, but still... the upside option remains the most likely. And let’s be honest, it doesn’t take a big move to liquidate the overdue LONG positions... Meanwhile, SELLERS remain arrogant, thinking that a big “black swan” event could help them at any moment.
At the moment, we’re seeing the most hated market rally, since the overwhelming majority is staying out.
GENTLEMEN, this is where things start getting really interesting... because if we work above $87K, it will put the altcoins into a new round to the upside, and even stronger.
Good profits will come.
The price is again testing the $87K region, and next week looks very interesting, since we could target $90K if BUYERS are able to hold $85.3K as the new support.
A lot of interest is building around $90K for buyers. There, many SHORT positions will be forced to close, giving us more fuel to keep moving higher.
It’s true that we also saw a big LONG leverage from retail coming in today, but still... the upside option remains the most likely. And let’s be honest, it doesn’t take a big move to liquidate the overdue LONG positions... Meanwhile, SELLERS remain arrogant, thinking that a big “black swan” event could help them at any moment.
At the moment, we’re seeing the most hated market rally, since the overwhelming majority is staying out.
GENTLEMEN, this is where things start getting really interesting... because if we work above $87K, it will put the altcoins into a new round to the upside, and even stronger.
Good profits will come.
