Will we break out or break DOWN? Sell pressure is real, it perfectly aligns with the diagonal resistance line. Therefore I think there is a lot of (hidden) SL orders out there. This could be the fuel to explode once BTC breaks out the resistance line with some good volume. Can you imagine all the SL's gets triggers from traders that went short? Would love to see that :) BAKKT will go live very soon, less than 2 weeks. Would love to find out if the current value of BTC will increase or perhaps we will find out that BAKKT is already "priced-in"? Hopefully soon we will find out.
ATM this is a no trade zone for me. Let the market decide and I will trade with the trend.
ATM this is a no trade zone for me. Let the market decide and I will trade with the trend.