๐ฅ Bitcoin's Moment Of Truth: Will The Bulls Win?
Over the course of the last months I've made plenty analyses on the bullish channel that BTC is trading in. As of today, BTC is seemingly making first steps to break out of this channel.
This area will be likely highly contested by bulls and bears. Bears will see a perfect entry for a short, bulls will see a perfect entry to exit (part of) their long position. We're going to need some serious buying volume in order to get through the top resistance of the channel.
In case the bulls will push through, I'd want to see a weekly close above the resistance to confirm the break out. After that, the next major resistance is the all-time high.
Do you think the bulls will win this war? Share your thoughts in the comments ๐
This area will be likely highly contested by bulls and bears. Bears will see a perfect entry for a short, bulls will see a perfect entry to exit (part of) their long position. We're going to need some serious buying volume in order to get through the top resistance of the channel.
In case the bulls will push through, I'd want to see a weekly close above the resistance to confirm the break out. After that, the next major resistance is the all-time high.
Do you think the bulls will win this war? Share your thoughts in the comments ๐
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๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
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