I'm off from work, enjoying a 4 day holiday. Praise God, today I can relax and most of all sleep early. đ So here's my view. Guess my location. đ
Back to BTC. Why is it stuck at 61k? Take a look at the chart.
From the looks of it, BTC is consolidating along the tripple bottom neckline. This movement is normal when candles are making support and preparing for a huge rally. Upside target is 73k.
To recall, for days now the daily KDJ Oscillator has been antipating a bounce back to the 71k zone. These two signs are enough for me to believe that the general market movement is heading up.
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By the way, please checkout PITBULL if you haven't. đ
#BTC #TechnicalAnalysis #Marketupdate #BullorBear #buythedip
