Bulls really in full force as we test major resistance once again; a breakout into stage 6 could send us as high as 5k.
If you've followed my latest posts you know that I'm pretty fixated on a dip occurring, and based on the daily/weekly price action it seems that we're in for one soon.
However the real concern is the extremity of this dip as I believe we're pushing ourselves into a longer "recovery" cycle.
On another note, this looks to be the last chance to hit 5k for some time as we begin to crossover on weekly MACD. Be prepared for some volatility.
If you've followed my latest posts you know that I'm pretty fixated on a dip occurring, and based on the daily/weekly price action it seems that we're in for one soon.
However the real concern is the extremity of this dip as I believe we're pushing ourselves into a longer "recovery" cycle.
On another note, this looks to be the last chance to hit 5k for some time as we begin to crossover on weekly MACD. Be prepared for some volatility.
