Bitcoin has at least 1 more bullish leg left before any significant pullback. Bulls are clearly still in control, as long as we don't get a significant close below the low put in on 4/3. Breaking and holding above 5k will trigger some serious FOMO. Expect 1 more parabolic upward thrust, then a 50% pullback or so. We could see as high as 7.2k in the next few weeks if this keeps up, but I'm at least sticking around for the next round.
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BAM here we go. breakout, consolidation, break out. DO NOT SHORT this! ride the bull, take profits on powerful breakouts when RSI gets overbought if you're nervous, but BTFD people, we're not done!
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Here's the dip, easy buy here
Trade stängt: målet nått:
That should do it. Nice move, bitcoin. I'll buy again soon