Here are the most important BTC levels for us to be watching IMO We are in a large area of resistance on the macro TF and I would really like to see BTC break up out of this rising wedge pattern and out of this large area of resistance.
If we decide to break to the upside my next targets would be 50k, 55k, and 59k, I will be watching closely because if for some reason BTC could break through all this resistance (good news, economical news etc) then we could see BTC have another strong rally higher.
But in saying all that we will prepare for both a bull market continuation and a bear market. I think it is very important we keep an open mind here and just be patient.
If we decide to break to the upside my next targets would be 50k, 55k, and 59k, I will be watching closely because if for some reason BTC could break through all this resistance (good news, economical news etc) then we could see BTC have another strong rally higher.
But in saying all that we will prepare for both a bull market continuation and a bear market. I think it is very important we keep an open mind here and just be patient.