Bitcoin Breakout or Pullback Zone Before Heading Higher?
In this video we examine the current Bitcoin chart at resistance.
Most likely, we retrace here for a bit and then push higher into the next resistance zone of around 70k and possibly to retest the previous ATH zone @72k - 74k.
Lots of sell pressure at the previous ATH which can also be seen on the Total Market Cap, using our Order Block Detector.
Not much happening now and until we can find the money flow and volume to push up.
Many people likely waiting for the election on Nov 5th, which coincides with the market cycle low according to our Market Cycle models (based on Hurst's research).
Let me know your thoughts below, and please like the video.
- Brett
Most likely, we retrace here for a bit and then push higher into the next resistance zone of around 70k and possibly to retest the previous ATH zone @72k - 74k.
Lots of sell pressure at the previous ATH which can also be seen on the Total Market Cap, using our Order Block Detector.
Not much happening now and until we can find the money flow and volume to push up.
Many people likely waiting for the election on Nov 5th, which coincides with the market cycle low according to our Market Cycle models (based on Hurst's research).
Let me know your thoughts below, and please like the video.
- Brett
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstream.io/work-with-me
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstream.io/work-with-me
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