Bitcoin trend above 18W MA all good
In hindsight, start of Q4 20201 somewhat resembles that event of Q4 2020 which called start of extreme uptrend in price of Bitcoin i.e. 16K to 30K in a month time.
Now we are seeing BTC bounce around in 30~50K horizontal support & resistance area- and finally pierced through my resistance 'yellow line' . I am no short term speculator to scalp some stable coin. We may be in a grand trend to upside to look for ATH within end of the year. I may take profit on ALTs for tax purpose other than that, I would hodl BTC and revenue generating ALTs in Defi protocols.
If BTC pierce decisively down 18W MA? I will have to reconsider the bullish case- again.
Fleeangel
Now we are seeing BTC bounce around in 30~50K horizontal support & resistance area- and finally pierced through my resistance 'yellow line' . I am no short term speculator to scalp some stable coin. We may be in a grand trend to upside to look for ATH within end of the year. I may take profit on ALTs for tax purpose other than that, I would hodl BTC and revenue generating ALTs in Defi protocols.
If BTC pierce decisively down 18W MA? I will have to reconsider the bullish case- again.
Fleeangel
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