Facing resistance at around 12700. Climbing in ascending wedge .
50 SMA still downward
We are still on track to our target. I think we may see a bear flag forming over the next few hours. Then back down again. I am halting all altcoin trading until Friday. For now my portfolio is in Nubits as a bitcoin hedge.
I am not entering into BTC yet, although we have reached our target. The market is very bearish and a further correction will happen. I will post this in a new idea thread.
Bitcoin falling through major supports now. 5000 USD is becoming a reality.