exist270 on Nostr: #Bitcoin / #BTC has firmly broken out of its #ATH downtrend & has formed a new #LTF ...
#Bitcoin / #BTC has firmly broken out of its #ATH downtrend & has formed a new #LTF channel. 👀
It's forming a rounded bottom & is chipping away at stringing higher lows together. Current LTF resistance is sitting smack dab at $100K. 🤔
If this is a cup & handle forming, major resistance will be at ATH, followed by a minor correction (my guess would be down to T1). If we hold $102K as support after that, then there's nothing but air above that. 💁♂️
This may be our last chance to accumulate under $100K. 🤙
It's forming a rounded bottom & is chipping away at stringing higher lows together. Current LTF resistance is sitting smack dab at $100K. 🤔
If this is a cup & handle forming, major resistance will be at ATH, followed by a minor correction (my guess would be down to T1). If we hold $102K as support after that, then there's nothing but air above that. 💁♂️
This may be our last chance to accumulate under $100K. 🤙