As the chart shows, 12k has been a key level since the 2017 bull run. In 2017, we broke 12k and in 2 days we were at 19k.
On the flip side - after we went below 12k, we never could go back above it. That was the initial start of the bear market.
I don't see us breaking 12k as easily as we did the other levels. I would like to see a test of the mid level channel at 9k, before finishing the year at new ATH.
On the flip side - after we went below 12k, we never could go back above it. That was the initial start of the bear market.
I don't see us breaking 12k as easily as we did the other levels. I would like to see a test of the mid level channel at 9k, before finishing the year at new ATH.