₿ Bitcoin Wakes Up ₿

₿ Bitcoin Wakes Up

₿ Nearest strong support zone: around recent lows.

₿ Nearest strong resistance zone: around 18k.

₿ Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend

₿ Price action: over the recent Christmas period Bitcoin stood frozen around 16.5k for an extended period of time, todays candle clearly stands out from the rest. We are currently scoring a correction but if we managed to maintain the upward momentum, the area around the nearest resistance is within reach.

₿ The scenario I'm playing out is a continuation of growth to the vicinity of recent resistances, but I don't exclude a break through 18k. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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