As I say on the chart I believe that the price action of BTC over the last couple of days has been a bit irrational and there needs to be a cooling off period.
IMO we could either see BTC drop back down near the trend line before starting another uptrend or grind sideways for a bit (consolidate) before making a move higher.
Of course, I could be totally wrong on both counts and BTC could just take off higher from here.
IMO we could either see BTC drop back down near the trend line before starting another uptrend or grind sideways for a bit (consolidate) before making a move higher.
Of course, I could be totally wrong on both counts and BTC could just take off higher from here.