$BTC Analysis 11/21/2024
#BTC, this is really unbelievable, we keep going up as if there was no more resistance anywhere lol.
It's following the plan perfectly, see that $95K was quickly broken and we keep going up towards $100K.
Trump's "Bitcoin Reserve" Narrative is being well exploited and causing even more FOMO in the entire market, not just in Bitcoin.
We also have an ALMOST confirmation that Gensler will leave the SEC on January 20th, so we are seeing several super optimistic news that are helping the Bulls push the prices higher and higher, and of course, the large SELL orders that were positioned close to the price were removed, making it even easier for the price to shoot up.
Things are getting hot here, see that the BEARS at $100K are not showing any fear and are creating a significant selling wall there. If these large orders do not start to close, then we may see the price stop rising in that region. This is not about IF WE WILL RETREAT, it is just WHEN this will happen, so do not panic when this moment arrives, as I said before, I think we are close to cooling off here in BITCOIN, and it is necessary.
We are in a price discovery, we are not going to try to guess anything, after all, we have already done this up to $95K, right?!, So, now we are just going to be attentive and follow level by level. Here we do not need to be geniuses to know that today's close does not necessarily need to be above $98K, if we have a close above $96,500 it is enough to attack $100K by the new week.
Remember that we have not had any correction yet, and I am not saying that we will have it NOW, I just want you to get used to the idea that at some point we will have it, and that moment may come when we least expect it.
$95K Successfully Reached!
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.
