BTCUSD Bitcoin has reached and seems to be respecting a MAJOR DEMAND ZONE. Lets see how this plays out! Will be posting updates as the price action continues! Cheers Guys!
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Waiting for Total Market Cap close on the 4H, I would like to see if it breaks prior resistance levels or retraces back down.
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Price is continuing to move to the upside. This may be another leg up towards 50k. Due to the recent price discovery, structure is limited. Therefor I will be doing future analysis for price targets. They will be based off of Fib. levels, and Fib. Extension levels.
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Total market cap has exceeded 1 Trillion USD. Looks to be continuing to the upside. We shall see if there is any resistance on the way towards breaking the ATH's of the Crypto market. If this really is the next leg up, Bitcoin all time highs will be met/broken even more.
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We could potentially see another push to the upside, however there is a lot of news floating around about USDT. Which could drastically affect the entire crypto market. Regardless, situations like this are needed to establish a new, relatively stable market.
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Will the Total Market cap break this resistance level??
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Bitcoin Seems to be in consolidation at the moment. Consistently ranging. This is the end of this trading post. Congratulations to anyone who was able to get in early at our highlighted support area. We will continue to monitor this asset as time goes on.手動結束交易
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