💎After our previous FREE update, #Bitcoin exactly as predicted, started grinding to the upside, to test the pivot at 12200$.
💎YAM failure pushed BTC down from that area and BTC retraced, to the weekly open (11,000-11100$), which is now acting, as a great support. All the panic sells got absorbed and bought back up.
💎However, a breakdown + daily candle close beneath 11000$ would likely result in an extended correction towards ~10,500$. This would put a lot of fear to the market but it wouldn't change our long term trend, as that would still be considered as a healthy retracement.
💎On the other hand, a daily close above 12k would be very bullish. This would confirm our next leg up, towards 13-14k. In general, ParadiseTeam is still quite bullish on BTC.
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