Waiting for pullback before next strong bullish move

已更新

Still expect re-test of 11500 / 11340 support. That wick to 11613 doesn't count. See two bearish factors - over bullish Twitter and bearish divergence at fear&greed chart. Hate to be bearish when everyone is so bullish 🙈 So I put a big timeframe chart to show how bullish Bitcoin really is in long term. And just forget about dump to ~9600 that may happen any time before BTC really launch to 14k, which is my nearest strong impulse target 😎 Remember to be prepared for anything that goes beyond imagination and you will make real money here. Happy Friday everyone!

4H: EMA21 at 11613 and EMA89 at 10962 act as dynamic support.

🟥 11800 ✅ 12150 - 12300 - 13200 - 13850
🟩 11630 - 11500 - 11343 - 11080 - 10950

😱 Fear & Greed index: 77 (<= 79 <= 75 <= 72 <= 75)
👑 BTC Dominance: 60.9% (<= 61 <= 60.5 <= 60.4)
⚙️ 24h Volume: $90 billion (<= 92 <= 85 <= 96 <= 90)

註釋

Short term target hit. Won't be surprised if during the weekend BTC will make some sharp moves and on Monday we will have another gap on CME chart. I don't mind. Gaps are so great to trade, that I go long/short in the direction of gap with triple amount I usually do =)

註釋

📉 Daily Bitcoin chart review 📈

Yesterday was an extremely bullish day for alts. Most probably today this tendency continue. Bitcoin moves steadily above nearest support zones, while exponential moving averages slowly grow higher, forming second line of support/defense. So we are still within a bullish market where every dip is for buying. See scary long red bloody waterfall wick? Buy it 😂 In the nearest future we might see BTC doing another wick to 11500-11600 support. The rest will depend on how much volume will be there to buy it. Without that dip less chances for a bullish move.

4H: EMA21 at 11658 and EMA89 at 11116 act as dynamic support.

🟥 11770 - 11900 - 12150 - 12300 - 13200
🟩 11600 - 11500 - 11343 - 11080 - 10950

😱 Fear & Greed index: 79 (<= 77 <= 77 <= 79 <= 75)
👑 BTC Dominance: 60.5% (<= 61 <= 60.9 <= 61)
⚙️ 24h Volume: $77 billion (<= 92 <= 90 <= 92 <= 85)