What I am thinking about BTC now:
- It is new cycle of BTC bull market.
- Support of $BTC now is $60k (Electricity cost level)
- First resistance: $100k (Total production cost level)
- #FOMO can push up to $140k-$180k (Parabolic movement)
- If market gives other chance to $60k or fake out below $60k It's for BUY
- The good case: the consolidation will finish soon and It is going higher soon.
- The bad case: the consolidation will last till end of Summer or Autumn. Market will be boring and many fake out movements on Alts structures.
🇭🇰 Hong Kong Ethereum and Bitcoin #ETFs to start trading by 30th April and could bring in $25 billion.
