BTC is now approaching the monthly candle resistance level again, touching $11479.
In these next few 4H candles, I expect BTC to find a successful closure above $11479 and going on its way to hit $11967 ($12000)
We've seen BTC in early October break above the channel it was trending in all of September and now found the topside of the channel as a support level going for a nice long.
I think if we were going to see a harder pullback we would've seen it by now and that pullback would hit a little under $11k, bottom side of this upwards channel.
In these next few 4H candles, I expect BTC to find a successful closure above $11479 and going on its way to hit $11967 ($12000)
We've seen BTC in early October break above the channel it was trending in all of September and now found the topside of the channel as a support level going for a nice long.
I think if we were going to see a harder pullback we would've seen it by now and that pullback would hit a little under $11k, bottom side of this upwards channel.
