BTC making a decision here

١٥ يناير ٢٠٢١

Looks like we will be trapped in the 30 - 40 range longer extending the consolidation.

The lower high, double top is a bit bearish.

Small chance a break out channel is forming.

١٥ يناير ٢٠٢١

ملاحظة

After selling on confirmed diverenge at 38k. I reentered at 35k as the price anticipated the green upward channel.

١٥ يناير ٢٠٢١

ملاحظة

38500 next target.

At that point we wait for confirmation of red or break out into green channel.

١٦ يناير ٢٠٢١

ملاحظة

Looks like we hit our target today and then it is decision time!

١٧ يناير ٢٠٢١

ملاحظة

We've hit the bottom of the green channel again. Moment of truth. Are we going back up or going to 29k.