With the recent strength of Bitcoin crashing important resistance and also taking the $13,000 marker BTC is on it's way to test the $14,000 resistance. So my scenario A (see link to related ideas) played out well. Now only the $14k mark is in the way to kick-off the next parabolic bull cycle. The market was fully carried by Bitcoin across this milestone. Just before Bitcoin broke out the rest of the market was showing weakness (or market participants cashing in before the next bull phase). Now Bitcoin appears like Superman with only the sky being the limit. Maybe there is some kryptonite somewhere (Covid-19 has that potential), but for now the rocket is approaching orbit.
評論:
related idea mentioned:
