BitcoinLong
Smart money flowing in
- Big money is changing momentum North
- The 5m charts showed several big money injections in the past two weeks
- 12/4: In 30 min price exploded from $6.900 to $7.900 and demolished the short term trendline (1)
- 13/4: Price broke through resistance and retraced back the following days (2)
- 20/4: Price destroyed (3) the downwards trendline (since 17/12/2017) >>> Very bullish signal
- Global marketcap ATM around 420 billion. Bullish momentum and global market sentiment looks to strong for a bulltrap
- Next target resistance 2
- We want to see price climb back in the long term channel
- The 5m charts showed several big money injections in the past two weeks
- 12/4: In 30 min price exploded from $6.900 to $7.900 and demolished the short term trendline (1)
- 13/4: Price broke through resistance and retraced back the following days (2)
- 20/4: Price destroyed (3) the downwards trendline (since 17/12/2017) >>> Very bullish signal
- Global marketcap ATM around 420 billion. Bullish momentum and global market sentiment looks to strong for a bulltrap
- Next target resistance 2
- We want to see price climb back in the long term channel
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