This price action has become extremely frustrating. The market is tightly controlled, with frequent V-shaped reversals that fuel the urge to go long, while those chasing shorts keep getting stopped out.
This kind of price action looks more like it's setting up for a pullback. Resistance is around 85. It may chop around for a while, then pull back in late October, rally once more in November to end this market move, and then continue consolidating for the next six months.$BTC
This kind of price action looks more like it's setting up for a pullback. Resistance is around 85. It may chop around for a while, then pull back in late October, rally once more in November to end this market move, and then continue consolidating for the next six months.$BTC