Look everybody, over the past few days, there was many times when I was thinking we are going to go down & heavily. But despite many attempts, Bitcoin met heavy resistance & managed to stay a float. We dropped below 9000 at one point & I thought this is it but it popped back up.
Now all the signs are pointing bullish on the 1d, 4h, & 1h time frames. Higher highs & higher lows are forming. 8EMA, 13EMA, & 21EMA's are crossing over. These are fibonacci numbers, you know ;-) You know that Fibonacci guy was a smart dude & dressed well for his time.
Volume is coming down on this drop. The rest of the cryptocurreny is showing nice gainz in the green. Cue the buyers. Just call the buyers & let them know guys. This is where we maybe expect the buying volume to come in & take us up to at least 9450-9550.
But monitor closely, I also was sure we were in for a bad drop just a couple of days ago & that didn't materialise so this could turn out the same. Keep an eye out for some big green ones, & an increase in volume, then look to enter on a pullback on the 15 min chart. You could potentially enter now but be strict with the risk.
Disclaimer: This is not financial advice, it is for entertainment purposes only.
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