Congrats to the bulls for making a new trend high! BTC bulls are going for it and we're not seeing too much other big momentum in the market space, except a little bit with ETH.
Now that we started a new daily bar, we are seeing some of the other coins coming up as well.
Bitcoin is still targeting that $10,000 resistance level. We will see what happens there. Overall, the sentiment just hasn't been that strong for it to be where it is. Back in 2017 we saw a lot of hype on the lead up to $10k -- which isn't here today. The move from $10k to $20k was super quick, but not likely we will see that now.
Just keep in your mind the reversal signals are there still though -- typically they occur much later than we ever think. As such, enjoy a nice ride to the upside, but still keep some sort of risk strategy in place.
For the short term though, not really any bear flags, so we should see upside to test $10k at least.
Thanks for posting the update
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thank you much!
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I am watching it closely. I think we are preparing for a major dump once we got there. Here is my chart: https://steemit.com/cryptocurrency/@zukunft/10k-in-sight
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blew passed it with basically no resistance. However, I do think a huge dump and major pullback is on the horizon before too long. Signals def sketchy
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