Correction Imminent? Will Bitcoin Drop Or Continue Rising?

As we can see here, Bitcoin is challenging resistance very close to the All-Time High. This is a price range. The highest Bitcoin was able to hit was $105,850, right below $106,000. Will Bitcoin drop now, even if short-term, or continue moving higher?

» Bitcoin will continue higher and produce a minimum of retrace.
Bitcoin is very likely staying above $100,000 and after some consolidation continue higher to hit a new All-Time High.

While Bitcoin moved above $100,000 on the 8th of May, there isn't any bearish pressure nor bearish momentum. The bears have no strength.

If there is selling happening, the bulls are more than ready and happy to buy everything up. Anyone and everyone selling now will simply lose their coins and miss a huge opportunity because Bitcoin is already growing and will continue to grow. It is normal to see some consolidation after a strong resistance level is hit. This resistance stands around $105K. Once this level breaks, we will see additional growth.

Bitcoin is bullish.
The market is bullish.
Any retraces are just an opportunity to buy-up, rebuy and reload. Do not sell your coins, hold strong. Hold easy or even buy more because Bitcoin is going up!

It can start growing right away, within hours or it can take a maximum of few days but the next major move is up. When Bitcoin starts going, it never looks back. The market will continue growing. Rest easy and buy more Altcoins.

Namaste.