Bitcoin is holding up well against the 200 EMA so far and it's looking good.
I wouldn't be surprised if bitcoin makes a push today to target the 42k level, A break of this level would hold a nice amount of psychological weight and give the bulls the needed morale to continue the run.
I am just staying aware of the ascending nature we are climbing in at the moment. We could potentially climb to the 41.5k USD level and reject from here but I feel like this scenario is unlikely.
P.S Apologies for the typos on the title of the previous analysis I posted.
I wouldn't be surprised if bitcoin makes a push today to target the 42k level, A break of this level would hold a nice amount of psychological weight and give the bulls the needed morale to continue the run.
I am just staying aware of the ascending nature we are climbing in at the moment. We could potentially climb to the 41.5k USD level and reject from here but I feel like this scenario is unlikely.
P.S Apologies for the typos on the title of the previous analysis I posted.