BTC finishing out the week quite nicely... above 10k at the moment, which is overall positive for BTC in my opinion and hope that upward price action continues.
However, in looking over some depth charts on exchanges, I think we'll see some decent selling pressure at the 11,000-11,300 are that may push price back down to 10k-9.5k before we see price action continue upward.
That area would someone align with previous fibs and new fib level i mention in the video.
Hope you enjoy.... give me a like and leave a comment.
At this pace, we’re definitely going to feel it around 11K. This looks like a replica of the end of November/beginning of December. I’m eh...relatively new to TA and crypto as a whole, but it looks good and indicators are pushing me more and more bullish? The divergence on the price volume trend is for some reason especially appealing to me. I’m on my phone and never even look at that indicator so I haven’t really checked it out. It’s pushing me higher though. I was targeting 11500 and am now targeting 16-18K if this creates support at 11K.
Crypto_Sid
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@Ahmed_Not_Ed, I definitely think we'll be seeing 16-18k, but just think we'll see 10K maybe a little lower before seeing it. Long term holder here, so i simply look to buy dips and cost average into my overall position.