i do think btc will see at least 92-93k and may get rejected there first but ultimate long target within this range is 96-96.5k
there is major resistance.
I am very confident we will get rejected there as long traders take profits and they also short into the resistance if the reaction is favorable.
if we breach it: full game on for the bulls.
never underestimate seller exhaustion
yes, im excited rn about this current shift but as we know, anything is possible and we have to stay cautious.
so dont overleverage yourself like an idiot in weird levels and keep playing it level to level.
I do think that it is smart to start looking for exposure into major memes that you do think will flourish if majors can prove strength.
yet, it all will depend again on macro - FOMC on 7th of May will tell a lot but seeing this major decoupling of BTC to the stock market and following suit of Gold is an outstanding sign, let's hope it continues and we can back to the trenches as we love them.
there is major resistance.
I am very confident we will get rejected there as long traders take profits and they also short into the resistance if the reaction is favorable.
if we breach it: full game on for the bulls.
never underestimate seller exhaustion
yes, im excited rn about this current shift but as we know, anything is possible and we have to stay cautious.
so dont overleverage yourself like an idiot in weird levels and keep playing it level to level.
I do think that it is smart to start looking for exposure into major memes that you do think will flourish if majors can prove strength.
yet, it all will depend again on macro - FOMC on 7th of May will tell a lot but seeing this major decoupling of BTC to the stock market and following suit of Gold is an outstanding sign, let's hope it continues and we can back to the trenches as we love them.