Dip to 100.5k was enough to gain liquidity for $BTC to breakout developing Year VAH3 and make new ATH đ Uptrend continues.
As usual we may and should expect pullback to same dynamic SR level for bullish re-test. Green area on my chart correlates with December 5th sell tail top from 5 minutes chart. Pretty wide zone for such timeframe and it had most of volume. So to stay bullish and continue growing fast #Bitcoin should stay above - then it becomes double support.
Unexpected scenario. The one no one expects, which makes it absolutely realistic (even though I don't see it coming yet) - loss of dev Y VAH3 and dump to Daily 20sma. The more days it takes the higher will be sma and less bearish that scenario becomes.
Lines on the chart: đž104460 - week close đž101200 - last week close đž99660 - November high đž96475 - November close đž94982 - developing Q VAH đž90105 - developing Year VAH2 đž77200-80260 - CME Futures gap